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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (26927)9/8/1998 5:35:00 PM
From: AlanH  Read Replies (2) of 94695
 
Paulo, re:Dow has just gone up 600 points in the last 8 hours of trading

Yes... but in the last 8hrs23min of trading, it's gone up <450pts. I feel comfortable that given the right interval, last Tues AM would offer a staggering downside figure exceeding 600pts. <g>

As a new poster here, I certainly don't want to wear out my welcome. (I do find it compelling to focus on whether technically or fundamentally things have changed. More importantly, how can we collectively benefit from something predictive?)

As Mr. Hopkins points out, he's made an astute call. As he also points out, it's the sell-side that counts. Knowing when to sell is the predictive part. I'd be most interested in Mr. Hopkins' next target. BTW, congrats to all who have profited from his earlier prediction!

Best Regards and good trading!
Alan
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