Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (18561)	5/15/1998 9:11:00 PM
From: donald sew	Read Replies (1) of 94695

Bobby, Per my cycle analysis, this pullback should last 3-4 days, with today being the 2nd day. Such analysis is totally analytical, and falls right in with GREENSPAN Tuesday. Im targeting 8950-9000 on a intraday basis, then a quick rebound starting TUE/WED. On the rebound next week expect a few indexes, but only a few, will approached their previous highs or surpass it. The DOW could be one of the indexes to still set new highs but it should be limited. As for the overall range I am still holding to 9300-8750. The following pullback to start around MAY 25-27 will be a little bigger than this one, but should not break 8750. If we do break 8750 on any pullback, watch out below. It we do see 9000 or less on Monday, I will close out of my OEX PUTS and go long. Seeya

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