Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robnhood who wrote (18464)	5/13/1998 9:21:00 PM
From: Death Sphincter	Read Replies (1) of 94695

rr....yes the DOW is shooting at its high and it won't take much of a move to break it, ever since last week, I have been expecting it to break its high late this week. But the S&P needs a strong rally just to get to it's high, and the Supercaps and others. and the Transports are puking. So the DOW makes a new high and the other guys all do double and triple tops. And then profit taking starts tomorrow and continues Friday afternoon and it continues in front of the FED meeting..and then the FED says ..no increase...well everyone expects that and we get a bogus little rally right after the report. And then what? well there are no IRA funds coming in(like in April), there are no automatic 401K until the end of the month, there are no earnings, there are no ECI, Emploment,PPI/CPI reports...there is nothing to fuel this top. so there it sits a bloated market with no fuel sitting at the top after a pathetic little burp of a so called correction(just the first wave IMHO)......no this puppy is at the top and heading down starting tomorrow. carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next