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Strategies & Market Trends : Waiting for the big Kahuna

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To: Margaret Mateer who wrote (33034)11/4/1998 1:15:00 PM
From: Jay8088  Read Replies (1) of 94695
 
My best guess now is one more push up before the close today. 8905 is my target - 50% (of wave 1+3 advance) up from 4th wave. 8330+575=8905.
That should complete the 5 wave up from Oct 8th. Crossing my fingers!
At this level, if the earnings outlook for next year is anything less than very positive, the market is vulnerable to a mini crash at least, IMO.
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