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 (23178)	8/4/1998 12:38:00 PM
From: donald sew	Read Replies (5) of 94695

Jim, CNBC just reported that Ralph Alcompora of Prudential(MR.DOW 10,000) is now calling for a 15%-20% decline. CNBC gave the range, probably per their calculation of 7400-7900. The market cut right thru the 8750 support and it appears it is heading right for the 8570 support very soon, could even be today. I strongly believe that the market will bounce off that support, only have the bounce rally fail and head lower. Seeya.

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