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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (40833)6/21/1999 9:22:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
BK,

I think 1,000 points up is crazy... but I'll bet most other people wouldn't... so I am not going contrary to my own logic... I am merely saying that when crazy doesn't sound crazy anymore, look out!!!

When I say the combined yield of dividends plus earnings on the S&P500 is 86% of what you can make in the bond market (actually, the 13 week coupon bond) with little risk then ya gotta be in it for speculation!!! And THAT is crazy at these levels!

Bill

(BWDIK???)



To: Bull RidaH who wrote (40833)6/21/1999 9:55:00 PM
From: bearshark  Respond to of 94695
 
David: The key is volume. When we get volume of 130 million on the NYSE in the first half-hour (and not option expiration related) we will go to new highs in the INDU. This could begin at any time.

Until it does, we may need to move down for more base-building.