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

To: Richard Estes who wrote (12600)	1/2/1998 11:37:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

Hi Richard, It was not quite the same risk all the way up. Gann indicators also point to this time and price area for topping. I do my own work and I'm certainly not going to short this market, either, right now. I agree that Prechter was calling the top at 5000, but I didn't exit then. Right now, I'm very pleased with my long bond positions since this summer. I prefer selecting destinations and cruises with my wife rather than selecting stocks right now. Of course, there are many great companies available to buy and I do play with some, MER, CMGI, and so on. On the low day of last October's minicrash, I was the one saying "buy." And I bought like crazy. And I believe we'll be moving still higher in 98. But, I'll not commit to the market the way I did before last Summer. I do suspect some problems in 98 and I'll wait for the big kahuna before I do that. If/when that happens, I'll probably just trade the SP futures. Happy trading. GZ