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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 (42809)	8/8/1999 8:35:00 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 94695

Bill, after looking at various index charts and technical indicators i have come to the conclusion that the market, assuming it's primary trend is still intact, should be able to make a decent bounce here, starting monday or tuesday. if it does not manage to rally from here (for more than one day at a time that is), i would have to conclude that the market's character has indeed changed profoundly. a hesitant rally into expiration is something that looks highly probable from here - whether it can extend much beyond that is a different kettle of fish. i think that a crash will only happen if either rates make another strong move up or some exogenous shock materializes. i don't think the solar eclipse will be enough to do the trick...<g> regards, hb