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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 (10899)12/4/1997 9:43:00 PM
From: Richard Estes  Read Replies (2) | Respond to of 94695
 
"I am estimating (guesstimating would be more accurate) about a 10% pull-back sometime in the next 3 weeks."

See you in three weeks to check.

"DOW should get to 8100 and then retreat to AT LEAST 7900 ( I would like to see 7,700) before the BIG move up the beginning of next year"

this is 5% drop, what happened to the 10% in 15 min?

That VIX can't change that fast.



To: William H Huebl who wrote (10899)12/4/1997 9:47:00 PM
From: Investor2  Read Replies (1) | Respond to of 94695
 
RE: "Then it would be a cake walk to 8,800 before the revolution!!!"

Wow! I haven't seen anyone bullish (or brave) enough to call for a number that high in quite a while! As a matter of fact, I think the last time I heard a number higher than that was when the Dow was at about 8200 and everyone was calling for 9,000 or even 10,000.

Best wishes,

I2



To: William H Huebl who wrote (10899)12/4/1997 10:32:00 PM
From: W. Clinton Terry  Read Replies (1) | Respond to of 94695
 
Bill,

I may have missed something here - probably likely. A couple of posts ago you were predicting a 10% drop. From 8100 that would take the DOW down to something like 7300. Is that correct?

Clinton