Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (22187)	7/23/1998 9:35:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Hi Bill, the futures are holdings and so are the other markets. Only slight declines. It seems to me that the last 60 DJIA point were related to day traders, who anticipated a bounce the last half hour which did not materialized. More inclined to bet for a gap open on many stock tomorrow. I do not remember were but some one mentioned the July 24 as a cycle low about a month ago. July 24 was also mentioned on CNBC as a turning point. As we drifted all week down, I speculate that we will have a bounce. BWDIK Haim

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