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

To: GROUND ZERO™ who wrote (58935)	7/24/2002 10:59:57 PM
From: Archie Meeties	Read Replies (1) \| Respond to of 94695

No Big Kahuna - this was all laid out in advance. The level of panic made it up from the trader to the weak mufus whom the market is doing it's best to purge. Everything above that has been enjoying the show and working every scandal, liquidity crisis, rumor, etc. for all its worth. The time for the BK is when the houses are relaxed and let their guard down. Tomorrow is the first day in a while they can do that, that's why it's the only day I've seen in a while where a BK is possible. Need a few things: The Buck has to lock limit down leading to market panic and then a futures led ramp fails hard.