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

To: William H Huebl who wrote (8307)	10/28/1997 8:11:00 PM
From: Pancho Villa	Read Replies (1) \| Respond to of 94695

Me, I may have the guts to short Intel again tomorrow. Pancho

To: William H Huebl who wrote (8307)	10/28/1997 8:18:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

Bill,,,it took them almost all day to get it back to the first collar,,,took them less then 20 minutes to get there,,,,buybackcks,,,div increases,,,reminds me of stories I heard about 29, when they invited the big pools to come on the floor.... BIDKN,,russell

To: William H Huebl who wrote (8307)	10/29/1997 7:48:00 AM
From: GROUND ZERO™	Respond to of 94695

Hi Bill, My indicators tell me I should buy yesterday's lower opening, which I did. From there, we should have a stunning rally off yesterday's lower opening, which we did. I have no problem holding these positions through the next trading cycle. If the market (DOW) tests these lows, it should hold, but I expect the test lows, if any, to be at a higher level than yesterday's lows, my guess is around 7100-7200. I bought these stocks cheap enough yesterday for me to hold them for a longer term move into new highs early next year. I honestly believe the worst of the Kahuna is over and fund managers will be buying back into this market through all of next week as new money flows into monthly paycheck pension funds. I anticipate a volatile next few days, but I've now turned bullish (now that is scary). We could open higher today and even close lower. If that happens, I would expect another strong up day on Thursday. That would be my confirmation. Let's see what happens. BWDIK. Have a great day!!! GZ