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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28346)9/19/1998 7:15:00 AM
From: GROUND ZERO™  Read Replies (1) of 94695
 
Bill,

I think you're right about a good rally next week. The narrow trading range on Friday was left intact. I was hoping for a slightly lower close to give a gap up opening on Monday, but the traders started plussing the market with market on close buy orders from those who also saw that pattern. I like the pattern of the last two days with Friday's pattern putting a floor under the market for a while. Next week should be interesting.

Sorry I didn't offer a more informative comment on those two stocks, I'm not familiar with them.

Have a great weekend.

GZ
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