Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22020)	7/21/1998 7:13:00 PM
From: bobby beara	Read Replies (4) of 94695

Not too soon there Jimmy, I just looked at the SPX chart and I think we will hold this support and go to new highs (maybe my 1205#) and then we will have a nice downdraft. I would suspect the rebound to 1205 will be swift and the the bounce off that to be equally swift - gonna send the VIX into a tizzy. This could be the big kahuna or we could have a nasty correction and a rebound and make a double top in October. The market likes too let the goblins steal all the fun. Oh besides the Italians, we had the Rukeyser effect, he was off this week. Who needs VGY's and RSI's when you have tried and true indicators like these -gggggg- bwdik, bb

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