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

To: Ibexx who wrote (14011)2/10/1998 7:31:00 PM
From: geewiz  Read Replies (2) | Respond to of 94695
 
Hello Ike,

What's going to lead the market up? This is asked in all seriousness. Dataquest just revised downward the annual semiconductor growth rate. The Drug companies are already highly priced and have a much smaller market cap. Where do we get on board for the run up? I can find lots of book value micro and mid caps, none of them have constructive momentum; the charts look sick. And besides, small-caps leading a blow-off market, that would be unlikely; but then again I'm revealing my bias.

'preciate your thoughts, art



To: Ibexx who wrote (14011)2/10/1998 8:15:00 PM
From: William H Huebl  Respond to of 94695
 
Ibexx,

I was planning on going into puts tomorrow... but I will wait and see Globex...

Things are definitely turning bullish and IFF (if and only if) we breakout here, I will have to revise my scenarios... but for now it is a double top... not matter WHAT the close!

Bill

((((BWDIK))))


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