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 (22286)	7/25/1998 11:36:00 AM
From: Barbara Barry	Read Replies (1) of 94695

Bill, What happened on the chart you use that you sent me?Did it ever give the trigger?My gut and psych indicators say wait and watch to see what kind of a bounce we get before puts.For the first time I am considering even getting out of equities on the next rally.BWDIK?But that Dow Theory bear market is meeting the targets:Dow<8900,Trans <3450,Utilities <276!This bull may have suffered the kind of wound that creates a slow death and not an immediate one.Lots to reconsider this weekend.If we don't rally back I will be completely,100% WRONG!!Tried to buy calls late Friday but didn't get filled.Bull markets don't die normally in a couple days,imho.What's your plan?I hope to have a shot at both calls and puts next week. Regards, Barbara

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