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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (16822)4/18/1998 3:26:00 PM
From: Death Sphincter  Read Replies (2) of 94695
 
i don't know of a calender just for S&P...but next week is very heavy...i wouldn't be at all surprised to see some pull back tomorrow...but i'm not doing anything with OEX or SPX tomorrow morning unless Globex shows some big tank action. this quarter is not going to be awful but it is not like many previous where it APPEARS that more than 1\2 of the companies reporting are beating the estimates by 3-5-10 cents or more...i see a lot of in-line or 1-2 cents better...very few blow-outs. i think the true BK will not occur until something happens to the dollar, or inflation, or Fed..or the wildcard mystery event...but i just can't imagine that a serious correction is not right around the corner...something in the 8-15% range. but then we all know what Bill says, BWDIK

carl
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