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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (30987)10/9/1998 6:51:00 AM
From: William H Huebl  Read Replies (1) of 94695
 
GZ,

JUST WENT INTO BACKWARDATION!

CONTRACT LAST NET CHGE
S&P 500 DEC98 976.90 +
E-MINI DEC98 976.75 +750
MAR99 976.50 -100 THIS IS BACKWARDATION
NSDQ100 DEC98 1150.00B +900

I was calling for an explosive move up until yesterday when the supports REALLY got kicked out of the markets.

Sure, DOW held... and history is full of what happens when the Generals are going one way and the troops the other! Not a pretty sight!

Bill
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