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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (33414)11/10/1998 2:53:00 PM
From: GROUND ZERO™  Read Replies (2) of 94695
 
robert,

I'm not an advisor, but I'll give you my two cent opinion.

I'm still long a pair of December SP contracts and see no reason to sell out here. My work tells me that yesterday was only a rally dip and I would expect this rally to resume no later than Wednesday or Thursday, if not sooner.

What we saw in recent weeks was a bona fide technical break out. These occur with tremendous underlying force and they don't stop on a dime.

I expect to see new highs in all the equity indexes before any serious pull back occurs. I'll be posting my sell signal on this thread, as if it would be worth reading.

Again, if the markets crap out right here today, then I swear that someone is using my nick name and posted this message to you.

GZ
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