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


To: BGR who wrote (56412)12/6/2001 6:38:55 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Assuming your call for a crash is right, we have more than a few problems...
- crash patterns frequently start with a good sell-off Wednesday, a bigger one Thursday, and a BIGGER on Friday. Since yesterday was UP, I would think we might have some follow-through today and so THAT pattern is down the tubes.
- other than tax selling (which may be happening right now), where will we get this sudden need to dump?
- earnings are already out, and with recent "better" news, what will push us in the negative direction?

I am not saying you are wrong... my indicators show a negative bias to the markets and down on the week (dunno how THAT will happen), so you well could be right.

BWDIK?