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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 (11613)	12/14/1997 9:37:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Hi Bill, my VOLATILITY is not WS "VOLATILITY" - I meant that the stock market will wipsaw both up in down in wild moves. To me a 10 point move on the SPX during a 6 hour span, is wild. The reason is just to unload/cash in the various options on stocks and SPX and/or the OEX written by WS dealers. I would admit that the seasonality is up, T Bond may help and most of all, the SI bears are celebrating again, and to early, BWDIK <);). The FED is meeting this week,November Industrial production and CPI will be released, S.Korea has elections, Japan will anounce their Economic Recovery Program, Sadam plays with fire, Yeltzin is sick, US is squizing the Israelis, well to much news to move the market unexpected in both ways. Well I am not so smart to figure it all out. So I stay with my previous positions which are bullish, and will pray, but with the finger on the triger. <gggg> I am in the camp of lower hights and lower lows, no major 1000 point days, but beware I was wrong before and will be wrong in the future. Those are my 2 cents. Haim To add more tothe confusion: Foley says discussed economy with Japan fin minister* TOKYO, Dec 15 (Reuters) - U.S. ambassador to Japan Thomas Foley told reporters on Monday that he had ''wide-ranging'' discussions with Finance Minister Hiroshi Mitsuzuka concerning economic conditions in Japan, Asia and the rest of the world. But Foley, speaking after a 30-minute meeting with Mitsuzuka, declined comment on the exact content of the talks.