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

To: GROUND ZERO™ who wrote (43939)	10/13/1999 3:56:00 PM
From: Gary105	Read Replies (1) \| Respond to of 94695

Kahuna - i think we see failed attempt at rally tomorrow, followed by further deterioration on Friday and Kahuna on Monday (if not on Friday) Gary

To: GROUND ZERO™ who wrote (43939)	10/13/1999 6:32:00 PM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

Gary & GZ, Here's what bothers me about the "crash" scenario... even though I have been forecasting such an event for the last 3 months... - right now it is only FEAR of a Fed tightening disturbing the markets... - sentiment is not crazily bullish... in fact, from what I am seeing, there is a LOT of bearishness out there (check the SI survey if you don't believe me)... - only the OI call-put ratio I keep is nutzo... hasn't hurt anything in the past month or so... - odd-lot short sales are decidely bearish... it will be a cold day in _ _ _ _ when THEY are right... - the LNHNL has not been bad for the last month or so... onesy-twosy figures high but not characteristically bad... The reason I say this is that even though we may have a perfect setup for a crash right now, these things rarely happen when you MOST expect them. So for the time being, I will be happy with the calls I bought with the market down over 130 points... thought that support would hold but it went to the next one. If THAT gives way, look out! Bill