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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (39593)4/19/1999 7:10:00 AM
From: GROUND ZERO™  Read Replies (2) of 94695
 
Bill,

If we don't top out today or tomorrow, then we'll probably see a very strong rally that will likely take the SP500 cash well over 1400, maybe 1440, as a measured move, and this is my bet... the reason is that the advance declines have just turned positive this past Friday for the first time since January and this portends a major rally forthcoming..... of course, it could fail, but I won't bet on it... when the broader market improves like this, the trend is higher.....

GZ
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