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

To: GROUND ZERO™ who wrote (11642)	12/15/1997 9:43:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Hi GZ, had visions of sugar plums and coils dance in my head in the middle of the night. We are pretty close to where we were two weeks ago on the Dow with an 8% swing reversal in between - showing great indecision in the market place. It looks in the next few days we will have continued indecision and volatility maybe in to Wednesday. What do you think another bear coil in the works with wide swings today and narrowing into Wednesday, with the resolution going into expiry. If you could pull up an intraday charts of the August expiry I think we might find this pattern - I remember being extremely confused -g- during that period. December peak? - two precedents 1968 and 1973. We are just coming of a full moon which adds to the confusion (no howling please -ggg-) The gravitational forces of a full moon, throws the water sack in your inner ear all out of wack (and inner ear kahuna if you will) and can create wild mood swings. There is a lot of indecision, as you read the recent posts on this thread. If you were playing the oex and think you could wait for it to stall at a peak and bet the opposite direction. The first swing this morning would be the easiest play. Merry Christmas bobby beara