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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (21544)7/13/1998 9:21:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
BB,

Try compressing your drive with doublespace and you may free up a hundred meg or more... I still have over a gig left because of TWO (2) compression programs.

Here is my scenario...

INTEL comes in bad tomorrow and sparks a sell-off. The markets struggle Wednesday to shake off the bad news but Thursday and Friday it is a bad one! (Not THAT bad). So we have a 5 - 10% sell-off by close Monday. Outside 15%. THEN a strong recovery... back to the 9,000 level by August and we know THAT story. (We are in early Oct according to some of my indicators...)

PLEASE, everyone reading this DON'T go dumping all your stocks on my say so... in spite of the ribbing I get for this statement, "DO YOUR OWN HOMEWORK!!!" I am NOT a market guru nor am I right all the time. Ask just about anyone and they will be happy to confirm that statement.

What are your psyche indicators telling you, BB.

And don't forget to compress that drive... it is really simple to do and it will free up lots of space. Ask me if you need more info.

Bill
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