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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (22798)7/30/1998 11:29:00 PM
From: Bull RidaH  Read Replies (3) of 94695
 
Bobby,

It's mid January/mid June all over again, and the bears are claiming victory, and watching in disbelief as the market takes their money. Earnings were overall, very good, and the bond market showed alot of improvement today with a reversal after the ECI news. Bearish sentiment has finally swung high, so that few will believe the rally that has begun, and that will continue over the coming week.

OK, so let's make a wager here for braggin rights... I say the SPX sees 1180 before it sees 1110...(1142 currently) Game?

Regards,

David
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