Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gersh Avery who wrote (30139)	10/4/1998 1:09:00 PM
From: Philipp	Read Replies (1) of 94695

Hi Gersh: Perhaps someone could put together a new ratio WK/HS .. that would be wake up over head in the sand. Do you think that the ratio will change next week? In my view it could be as early as this week or take another month or two. I think it is long overdue, but when it happens it will be sudden and dramatic like we saw in Germany where it happened last week (more than 10 % in two days). European markets, Japan are due for a technical rebound, the G7 meeting could be a pretext, but the results are so marginal that I doubt that it can give these markets more than a moderate push (i.e. more than a couple of percent); the response might well be negative. Regards, Phil

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