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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 (16141)4/13/1998 2:57:00 AM
From: steve susko  Read Replies (1) | Respond to of 94695
 
Late nite Sunday business news reported that Bank of America may annouce merger agreement. We may see a 100+ day with very narrow advances.



To: William H Huebl who wrote (16141)4/13/1998 9:16:00 AM
From: Barbara Barry  Read Replies (2) | Respond to of 94695
 
Bill,
Easter was nice..went too fast.
I think this market is doing a better job at "psyching" us out, rather than the other way around.<vbg>Your newest indicator looks pretty accurate,but my "gut" doesn't see an Oct 24 yet.Too much $,too much momentum,too many new highs,too many days of positive A/D...etc.Of course,WE know that whatever causes a BK is never simple and obvious.David recommended keeping the powder dry and that is exactly what I am doing.I wouldn't be surpised if you can make a little $ with May puts latter this week or next(prefferably),but not for long.Then off to crazy new highs.BWDIK?Just taking it a day at a time!
I should know my schedule by the end of the week.
Regards,
Barbara