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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 (16842)4/19/1998 9:21:00 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
OOPS - it was for Carl,<ggg> in any case thanks Bill.

To best of my recollection US interest rates were rising (the long bond), due to the suspicion that the Bundesbank knew somthing that we did not, by rising interest rates on the DM.

The crash occured at the time James Bradly then Scretary of the Treasury made nagative commnets about the Bundesbank policies. It was a litle more than just plain coments.

Today we squable with Japan, similar situation

A.G. the newly apointed FED Chairman at the time saved the market by flooding WS on Oct.19/20, 1987 with cash. It so happened that the 16th was a option expiration Friday and the market went down most of the previous week, with Friday 1.5% or 2%.

I hope it helps,

Haim



To: William H Huebl who wrote (16842)4/19/1998 1:54:00 PM
From: Barbara Barry  Read Replies (2) | Respond to of 94695
 
Bill,
UH OH!!
From the astroecon site:

Free Comments for the week of April 19th.

If we are going to see a climax that could top off the bull run from 1994 this is the week to see it. I
like late in the day on 4/22 as the best time to see a move up to targets on the S&P to 1147 and
Dow to above 9300. New highs BEYOND this coming week make a meaningful correction
unlikely until late June or July.
I just read this long after my private message to you about June or July.HONEST!<vbg>
I thought this guy was fairly bearish for the most part.NOW I am worried when others think like I do...I am probably wrong!???
Hope he doesn't mind my posting..it was his free stuff anyway.
Regards,
Barbara



To: William H Huebl who wrote (16842)4/19/1998 10:37:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Bill; Well Barrons missed it last week, and they just may miss it
this week too..
I hope up some Monday..as I'm about 50% in the soup..and if I
can get a bounce Monday I dry myself off..
The 13th we sure did go on thin ice..and it won't take a lot
to put us back there...but this thing of calling a top in the
market is just not pratical..not pratical at all and likely hurts a lot of newbies..I think the market will tell us she is going
down when she starts..you will see some loss in the big caps
as the little ones continue to run up..
I finished looking inside the Dow index and took it back..we
are on thin ice..but I don't see any way to make any calls
with any conviction..and think it's just a time to watch closely
I'm still in the buy the dips..and be ready to exit fast..
right now it's more a stock pickers market than a market timers..
I will back off that slightly positive thingy in my last
post..just because Barron's says up week, I'll say down week..
but after Monday..
The ice is still a little thin.
Jim