Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Brad Bolen who wrote (26706)	9/7/1998 6:48:00 AM
From: William H Huebl	Read Replies (2) of 94695

Brad, Globex is now up the equivalent of 150 DOW points. To get MY opinion, go back and check Nov 3, 4, 5 and then on the 6th you had a strong sell-off. It MIGHT pay to hold to a week from Thursday if you are short... and if the market continues to track last year's crash. But again, that is a crap shoot and by then, most of my indicators should have turned very positive. Of course, "...breaking the neckline..." may also be a useful waiting game, but it may never happen. This weeks Barron's cover is interesting if you are a contrarian. I am when it pays... and I think, for the short term, it WILL. Bill

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