Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (38292)	3/12/1999 1:57:00 AM
From: Berney	Read Replies (1) of 94695

bb, It only seems a short time ago that I was suggesting that you adjust your propeller beanie. As I remember at the time the world was coming to an end. Again, I disagree. We have IMHO simply moved to the top of the trading range. However, even I'm surprised at how quickly it took place. But, 6% moves do not happen without a price to be paid, particularly in already lofty markets. I will be interested to watch if the move back down to about 612 on the OEX happens as quickly as the move up. Now, if OEX breaks about 656 on a closing basis, I'll be searching the local stores to see if I can find a similar beanie to wear. In the meantime, it is going to be interesting in any case. Not bullish or bearish -- just cautious. Berney

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