Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thomas C (Hijacked) who wrote (30678)	10/7/1998 9:18:00 PM
From: Bull RidaH	Read Replies (2) of 94695

Tom et all, Noticed the crash index getting closer to the magic -10 level in the past few days? wwfn.com Getting through today's low, which was significant support targeted by the break of the month long rising channel (957 SPX), will be the next key area to take out, followed by 948. When 948 gives way, a mini crash phase should begin that will target the 905 area. A significant rally could ensue from that area, possibly bringing the index back up to 957 (retesting major support) just before the real crash begins. 957SPX was also a substantial target off the peak, which is why that number is our closing low thus far in this bear market. That number gives way substantially intraday and twice on a closing basis, and a historic crash is not a matter of if... but when. My prediction: It gives way tomorrow. Regards, David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next