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 (23986)	8/12/1998 9:21:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Bill, I think I mentioned in one of my prior post that the market is waiting for a "double bottom" they got it yesterday. So we will have a bounce. The TA are pointing for some type of rebound. As previously mentioned I am also a FA type and the FA point to slowdown in the world economies. SKY NEWS and the BBC are full of reports of a slowdown and higher unemployment. Corporation in Europe are trimming down. As high Tech ansd telecom industries - there is no money for this in hte developing countries. With comodity prices down they have no money to repay. Soon it will happen in the US. THe recent strikes at GM and Bell Atlantic are a precursor of that. The torential rain in China and Korea do not make things better as is the heat wave in Europe. Iraq may surprise us all. <gggg> IN a nutshell sell the rallies. BWDIK Haim

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