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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 (13145)1/13/1998 8:06:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 94695
 
Hi Bill

I don't smoke<g>...

What I see is an oversold condition, with an upside surprise in the offing...

The VIX spiked to 35 on Fri, that's the precursor to a major run up short term IMO...



To: William H Huebl who wrote (13145)1/13/1998 8:35:00 PM
From: epicure  Read Replies (1) | Respond to of 94695
 
Hi Bill,
I thought there was a chance INTC would miss, not that I would bet on that. Now that they have beat the "whisper," if they have beat it, it will be interesting to see what happnes tomorrow. Globex went up a lot, initially, I thought I saw +30 on the naz, but now it is only 6. We are going to take this opportunity to short some weaklings with bad charts.