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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (36978)2/2/1999 10:55:00 AM
From: Bull RidaH  Read Replies (1) of 94695
 
Gordie Baby ...... If we ever agreed on a trade, we'd probably BOTH go bankrupt! <g> I'm still long from 1271, and working a stop and reverse in the low 60's.

As for the scenario, this a.m.'s low of 1266.3 gives us new calculations for minimums for the 5th wave rally that i still expect.

The new minimum level for a rally is 1285.6, and the maximum run is 1313.8. 13 13.... Could that be the number that breaks this bulls back? ;o)

As for the selloff this a.m., ticks are not confirming the lower lows. Thus, an updraft would be strong.

Regards,

Buddy,

P.S. No matter how much i wanna be Gordon Zekko, I guess i'll always just be Buddy Fisher. <g>
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