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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21565)7/14/1998 10:02:00 AM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,
AAHHH yes that nasty July crash!But many stocks never recovered.The bigger players rallied but many of the smaller cap high fliers languished.With people lulled into security after that and the two '97 drops...I am not so sure will need that drop first.So far my psych indicators have been right this month...higher we go again today.Maybe after expiry we might see a pullback within a trading range but that's about the extent of a drop for the near term according to Psych stuff.My gut says a nasty correction is due,but the way things are going will it be Aug,Sept....???GOK(God only knows!!!ggggg)
I might change my tune if we start to get overextended on the charts...since my vix and vgy are useless,I have to look at individual charts and take wild guesses!
Regards,
Barbara
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