Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Philipp who wrote (26324)	9/3/1998 7:23:00 AM
From: William H Huebl	Read Replies (1) of 94695

Phil, With VIX spiking to over 50 and using Oct 27th as prototype, why wouldn't a mere attempted retest to the low 7,600s suffice for the next move down? At least for now? Unless the low is taken out in some big way, I do not expect other than the above attempted retest. Why do you believe otherwise? Just curious. And I DO expect that we may see further downside, but later rather than sooner and more rather than less. (Did I get it right Bill?) Bill

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