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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 (13618)1/29/1998 1:46:00 PM
From: Simon  Read Replies (1) | Respond to of 94695
 
<<< things will be ripe for a short >>> The S&P has outperformed the Dow for several months now. The S&P just popped out the top of a flat top triangle. The Trans. is right at the top of its flat top triangle. We either got a bull trap, or if the trans. pop out the top we probably got one hell of a blow out rally. Looks like we got one hell of dead bear. Strange rallys in stocks that should be on their way down.



To: William H Huebl who wrote (13618)1/30/1998 7:12:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Bill,

Thanks, we're leaving this morning. It looks like prices reached the AP midline around 8030-8050 then sold off. We might be there, but I'ld be nuttier than I am to take a position I can't have fun watching. It's the game that counts.

You too, have a great weekend.

GZ