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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (39433)4/12/1999 1:37:00 AM
From: nicewatch  Read Replies (1) of 94695
 
Hi Bill,

Interesting... I'll have to look at that. I agree that we could go higher... although at the moment.... tomorrow looks to be a change of trend... at least short term, BWDIK. If this starts a correction, it may last a month or so... otherwise, we should continue on to new highs. I'll give this a leeway of a few days... if new highs are made beyond the end of this week, I'll be looking to buy back a bunch of stocks again... most of which I sold this past week, like cmgi. I'm not overly bearish... just trying to sidestep a dip... which is probably a recipe for underperformance. <ggg> FWIW, I did a mini-update of the charts (SPX, TYX, beans, CMGI).... although I just checked and geocities wasn't working at least on my computer.... maybe it will be up again soon.

geocities.com

geocities.com

geocities.com

geocities.com

Talk to you later

Regards,

Frank
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