Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (33526)	11/11/1998 6:29:00 PM
From: donald sew	Read Replies (2) of 94695

Haim, Previously, felt that the pullback would last until TUE/WED, and then an upswing into the FOMC meeting to at least retest teh recent highs, and that the downswing should be limited to 8800-8700. Now, I am not sure if there will be an upswing into the FOMC meeting from here. The DOW, SPX, OEX are smack in the middle per my short-term technicals, which means it can go in either direction from here, but the NAZ just gave a SELL signal. I still feel that the 9000-9100(9091) range should be the mid-term top. Whats your feeling on the European market. I am suspecting a retest of their lows within a few months. Seeya

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