Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (18249)	5/9/1998 8:26:00 AM
From: donald sew	Read Replies (3) of 94695

Bill, I have that same feeling that the market will pop again for the next 2-3 days. Tried to get some MAY OEX 540 calls on a limit order on Friday but did not get filled. Hope it is a little weak at the open on Monday. If the market runs 200-300 points it will do it on weaker legs than in the past. Do not feel that this possible rally will be all that broad based and it will do it on weaker technicals (NEW HIGHS/NEW LOWS, ADVANCE/DECLINE, etc). Certain sectors like the XAL, Transports, Banks will only participat marginally in such rally, but the rally should still happen. Seeya

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