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

To: ratan lal who wrote (15809)	4/8/1998 3:20:00 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 94695

Hi ratan, >>Do you feel that we will have a rally before a final selloff. We could. My take on the 1095 or so number on the S&P is; this is the "real" support for the index. If this is true a rally should be short lived since folks would aggressively sell into the rally. I am short at these levels and will add to my positions in any rally up to the last high in the S&P. If it takes out the old highs I will cover. Like I say I can not see in the future.<ggg> Joan