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Strategies & Market Trends : Waiting for the big Kahuna
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To: RWS who wrote (16430)4/14/1998 7:12:00 PM
From: jef saunders  Read Replies (1) of 94695
 
so that would put the down move starting at the beginning
of next week, possibly at the end of this week.

i'd like to ask though, could this be extended as well?

i ask because there's still a lot of earnings reports to come out
in the next few weeks...it's been a strong domestic
economy with low interest rates. this makes for continued
good earnings reports the next 2 weeks, and another
20 points up on the spx. yes ? i think a lot of banks are
to report tomorrow, should be a good up day, at least in
that sector.

so far i have calls and have been making a little money.
i ditched the calls on the ones that had high p/e ratios,
though.


thx, jef
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