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


To: William H Huebl who wrote (41471)7/7/1999 7:36:00 AM
From: Jerry Olson  Read Replies (2) | Respond to of 94695
 
Bill

gee whiz...are you still hollarin' CRASH???? AGAIN????

with all due respect...ain't gonna happen...not now...no way...

we should have a small pullback to say toward 10,850-900...

the OEX is on a high pole...20 straight up boxes on the P&F chart...if it backs off to 710-700 area...that would be enough...a full 50% retrace would signal a High Pole Warning..it won't happen...

there's way too much money chasing too few shares of stock...gigantic inflows everywhere, and corp. earnings will be nothing short of steller, heading into the last half of the year...

Bill...buy this dip, with everything you have...then sell it right before FOMC in late Aug...THEN think about shorting the market...

we're going much much higher my friend, before any meaningful correction...all MAJOR P&F indicators are positive, as well. 2 short term indicators turned positive last week as well....we are NOT going to correct...PERIOD....forget it...

anyway..good luck, no matter what...course i'll see YOU at the TOP<ggg>...

my regards...OJ



To: William H Huebl who wrote (41471)7/7/1999 4:54:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 94695
 
Bill, the Kahuna thread is remarkably quiet today...when do you think the melt-up will end?

regards,

hb