Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (30915)	10/8/1998 7:53:00 PM
From: GROUND ZERO™	Read Replies (1) of 94695

bearshark, Nice move on those puts. I was convinced that the DOW would break the lows today for sure, but it didn't happen. There will be a rally out of here and with such pessimism around now, who knows if it just won't ignite a good rally. The crude oil market is making three week lows. Gold is only going higher now on the dollar's weakness. In terms of other currencies, gold is going no where. The brokerage stocks turned up today with MER, at least and maybe others, put in an outside key reversal. Outside key reversals are not that common. We'll see. GZ

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