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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (39797)5/5/1999 1:05:00 AM
From: nicewatch  Read Replies (1) of 94695
 
Hi Bill, When do you see a peak? To be honest, I dunno. I really thought that 4/12 would produce a turn... which it did, just not the one I was expecting. <g> I have been flat the stock market for a little over 3 weeks now, with only a few short term trades mixed in. I think there could be some more weakness in the next day or two, but I have been flat for long enough, that I -should- probably be looking to buy again. My guess is we still work our way higher, climbing the proverbial wall of worry. To that end, I have been following the upper tine of the longer term fork. Of course, I may well be wrong too. FWIW, most of my trading energy has been devoted to commodities over the past few weeks. Mostly beans and cotton. Talk to you later, take care Regards, Frank
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