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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 (11709)12/16/1997 1:47:00 PM
From: epicure  Read Replies (1) | Respond to of 94695
 
Do you still see a downer before Christmas, or have we had it already?



To: William H Huebl who wrote (11709)12/16/1997 1:50:00 PM
From: P.Prazeres  Read Replies (1) | Respond to of 94695
 
Bill,

How do you think the market will react if the Fed lowers rates???

Paulo



To: William H Huebl who wrote (11709)12/16/1997 3:09:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Hi Bill,

The Dec. 94 lows are too far away in time to use with these Oct. high/low pivots. You would need to use the most recent pivot, and that would be the Sept. lows.

I'm not sure what you mean by being bound by 8200. If we get there, I have about 8150 as minor resistance, but the greater resistance is somewhat higher, around 8400-8600 at this time.

GZ