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


To: robert b furman who wrote (46496)3/28/2000 10:54:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Bob,

Incredibly great post, that! Not that I agree with everything you say...

...and here is why.

I DON'T know for sure what is going to happen. Things could go out with a wimper. Or crash. Or, gadzooks, we could rally to 20,000. I really don't know and don't care. I expect Mr. Market to tell us, if we are listening.

Yeah, I may propose a theory or scenario of what I think is going to happen. But it is more of a straw-man to see how the market behaves compared to what my theory is... remember, Mr Market IS the right all the time, not me.

And specifically, even though I proposed a pullback, and advance and then a really strong sell-off... as GZ said earlier, things aren't lookin good for that idea. What bothers me is that 11,000 hasn't held and if 11,000 becomes resistance for the end-of-month bull run, then we could be into that strong sell-off sooner rather than later.

BWDIK?

Thanks again for the kind words.

Bill