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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 (12339)12/27/1997 1:16:00 PM
From: kas1  Read Replies (2) | Respond to of 94695
 
>What do you think of the markets NOW.

Well, this past week had the usual light volume, so you can't extrapolate too much from that sideways motion. But still, we did not have a Santa rally. Perhaps we also will not have a January rally? I don't know. I don't see BK anywhere -- but maybe a lingering decline to 7000, or maybe just a trading range, 7300-8300, for a couple of months, anyway. Things may get bullish once we break Dow 9000. BWDIK?

Are we taking predictions of any kind for 1998? Dow high, Dow at end of year, date of Dow low, etc?