Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (15535)	4/10/1998 11:21:00 AM
From: Trader X	Read Replies (2) of 94695

I find that the S&P held support at 1100 nicely. I don't buy into the 10% correction in 7.5 days theory. If support continues to hold, I'm looking for a sharply higher week ahead, propelled by the techs as they begin to lead the market. Not the I don't believe there will be a correction forthcoming, but I think that correction is destined until this summer, at least post May. Massive inflows into the funds may be a catalyst, and the strong bond market underpinnings lending support. I think the bond market will have to fail before this bull market does. X

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