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


To: P.Prazeres who wrote (11277)12/11/1997 7:15:00 AM
From: William H Huebl  Respond to of 94695
 
Yeah Paulo,

Looks like a test of the 77-7800 area, a move up and then a strong move down to test the 74-7500 area... that's the only thing that makes sense to me at this time. Again, I expect the low during the week after Christmas. As for me, a bear market is defined by VGY 200 day MS... and it is still bullish (UP).

Bill



To: P.Prazeres who wrote (11277)12/11/1997 1:57:00 PM
From: Lazarus_Long  Respond to of 94695
 
Bill, it looks like XCIT, KLIC, KLAC, AMAT, and possibly CPQ have all broken out of their coils on the downside. THis could get grim (for longs, anyway).