Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Amelia Carhartt who wrote (39703)	4/24/1999 5:45:00 PM
From: William H Huebl	Read Replies (1) of 94695

Susan, The interesting thing is, the upper trading band of the DOW is in the low 11,000s now so THAT is how far "they" (whoever "they" are) can push it. I think "they" is "we!" I have noticed that there is NOT an instant reversal at the upper band but may continue for as much as a month or more... BTW, Aug 1997 and May 1998 are the two points on the upper trendline... but you must use a KAGI and not a line, bar or candlestick chart to project to the low 11,000s. Bill

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