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

To: contax who wrote (13810)	2/2/1998 9:30:00 PM
From: Haim R. Branisteanu	Respond to of 94695

Karim, I have not done the mat, but I also see a target of 1020 to 1025 on the SPX and I sense based on today action a quick move upwards, at least I hope for it. Today action was pure madness but quite strong. I get the feeling of pure TA manipulation. Sentiment is so bulish that's beyond belief, as valuations are out the window. My two cents is some pullback and more mindless upside. After that I speculate of a five wave waterfall into March. Still long think to close tomorrow AM part and have stops on the others. By end of the week will switch to fully short. Will see day by day, as they say do not cach a falling knife - now do not chach a rising arrow. Bill is this not your anticipated "upward crash" ???? of several months ago??? BWDIK Haim