Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (35198)	12/11/1998 4:32:00 PM
From: Bull RidaH	Read Replies (1) of 94695

Carl, >>the liklyhood of a run back up to 1200ish as a 5th wave has been gutshot<< HallAALUUYYYAAA!!! That frees up a move to the upper 1130's, which my projections show will result in a strong bounce, which would be a wave 2 retracement. Let the fun begin!! As for our current situation, it looks like we're in the 3rd wave down from the Tuesday peak, and just completed wave 4 of 3 retracement at the close. We should start down with a nasty selloff Monday a.m., yielding 20 or so SPX pts. After a small bounce, we should be en route to the 1137 area. Let it be, Cap'n Market!! Stripped to the Marrow

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