Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (18582)	5/16/1998 9:13:00 AM
From: bobby beara	Read Replies (1) of 94695

Haim, why this market will be on VIAGRA this week iqc.com The ascending triangle is one of the most bullish transition formations known to bidpedal charting man -g- If you draw a trendline along the bottoms, you will see that Friday's close lines right on that trendline, so we are at the bottom of an extremely bullish channel. Predictions for the week. Monday AM I would expect a slight breach of that channel to get people a little nervous and trap a few more poor bears into shorting. Then would should rebound and probably end the day at the top of the channel at the 9200 area. We could even slightly breach the upper channel and make new highs which would be a perfect set-up for AG bull blessing on Tuesday. Should get a 200-300 up day on Tuesday after we've completely taken out the 9216 resistance. The CRB has a descending triangle with bottoms along 222 support, on Friday 222 was taken out. AG can't raise rates with this kind of deflationary trend in place. Don't worry just stick with Pete M and buy American on the dip -g- BK is a myth and a lousy fast food sandwich. Bill's advice, buy everything with both fists, I like hot dow stocks, internets, biotechs, and gaming stocks. bwdik, bb

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