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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (17771)5/1/1998 10:16:00 AM
From: donald sew  Read Replies (2) of 94695
 
William,

Would agree that the BULLs won for the day, but they will not consistently win as they did during the main part of this rally that started in JAN.

Not to say that the market cannot set new highs still, but it will not be that easy. I am getting signs that the better chance is that we will be forming DOUBLE TOPS in most of the indexes in the near-to-mid term.

I also expect more choppiness, therefore any option trades should be for the very short-term

Seeya
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