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

To: Hawk who wrote (6881)10/22/1997 11:22:00 PM
From: Mark Nelson  Read Replies (1) | Respond to of 94695
 
Nice links, Marc.

Bill,
Re: forecasts
Let's all PUT ourselves in the forecasting chair. (Take some heat off of Bill.)
Tomorrow: Partly down with a chance of thunder (from SE Asia).

Re: Put volume as a contrarian indicator
It's not contrarian if the writing on the wall is in BIG FLOURESCENT LETTERS> "SHORT ME!" and anyone with half a brain can read it from a mile away. (Is it?)

Seriously though, that Hang Seng is taking another beating today. Down, at 10:45 EST HSI HANG SENG STOCK INDEX 10816.66 -821.11 -7.06%
Youch! (see fer yourself: bloomberg.com )
Onward...
Mark



To: Hawk who wrote (6881)10/23/1997 6:42:00 PM
From: William H Huebl  Respond to of 94695
 
Hi MARC,

Of the two the first:

<"Those are all negatives for the market," he added.
His first target for the Dow is last Friday's low at about
7,756 and then the 7,400 area, which would represent a 10
percent correction from the highs. He said that zone could be
reached in late October or early November.>

is where I would go!

How about Oct 24th???

Regards,

Bill


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