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 (23980)	8/11/1998 11:16:00 PM
From: Jurgen	Read Replies (1) of 94695

Bill, i agree it's pretty much over for now. The support line to the high of 8/7/97 held (oh,ehem..draw it a little thicker than normal :o)) and last week's low held, too. SEA is red again so we could see another little (intraday) pullback to 8209 (12/5/97 high) but that should be it. Today's bounce was pretty impressive, TICK went through the roof. Still lots of bargain hunters out there, willing to jump on the train immediately. Only a real shake - 700 points down or so - could change that. I don't expect new highs but some good news (maybe DELL earnings ?) could take us to 9100. I'll go long tomorrow and play the GBS short as a hedge. cu Jurgen

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