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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 (10850)12/4/1997 12:39:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi Bill,

Thanks, just curious. It was one of the stocks I picked up on the opening of Oct. 26th. I was filled at 61 3/4 and am very pleased with its performance so far.

GZ



To: William H Huebl who wrote (10850)12/4/1997 6:12:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 94695
 
Hi Bill and everyone,

We may have reached a top of some proportions today in the DOW. If we did, that will be terrible news for the NAZ, since it appears to be generally weaker. That earlier mentioned coil formation is a bearish formation and projects a measured move downward in the NAZ to about 1500, the minicrash lows. My guess is that it will hold at that lower level but inject new fear into the hearts of everyone, but it's just a guess at this point, if we get there at all. If this is a topping day today, the DOW should find support at around 7500. BWDIK

Everyone have a great weekend.

GZ