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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 (17234)4/24/1998 8:28:00 PM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
Hi Bill,

iqc.com

If you look at this chart we put left shoulder on 4/6, center peak 4/22, I believe we will break the neckline on Mon/Tuesday and take her down to the 1080 level or below, then a run up too make the right shoulder for the beginning of the month inflows at around May 8th.

From there we will go back down to the neckline and keep going or bottom and make a run for 10,000.

5300 or 10,000, that is the question???

bwdik,
bb



To: William H Huebl who wrote (17234)4/24/1998 9:53:00 PM
From: Jurgen  Read Replies (2) | Respond to of 94695
 
Next Weeks's Economic Calendar:

Date/Time Index
Est.(*) / Street Expectations / Prior (*)=Estimate Briefing.Com

Apr 27 10:00 Existing Home Sales Mar
4.50M NA 4.75M

Apr 28 08:30 Durable Orders Mar
0.4% NA -1.1%

Apr 28 09:00 Mitsubishi Index 04/25
0.3% NA 0.1%

Apr 28 10:00 Consumer Confidence Apr
136.0 NA 134.3

Apr 28 14:55 LJR Redbook 04/25
3.6% NA 3.6%

Apr 30 08:30 Employment Cost Index Q1
1.0% 1.0% 1.0%

Apr 30 08:30 GDP (Advance) Q1
3.5% 3.3% 3.7%

Apr 30 08:30 GDP Chain Deflator Q1
1.0% 1.2% 1.4%

Apr 30 08:30 Initial Claims 04/25
NA NA 317K

Apr 30 08:30 APICS Survey Mar
NA NA 52.3%

Apr 30 10:00 Chicago PMI Apr
58.3% NA 59.5%

Apr 30 10:00 New Home Sales Mar
850K NA 893K

Apr 30 10:00 Help-Wanted Index Mar
NA NA 92

Apr 30 15:00 Farm Prices Apr
-0.6% NA 2.0%

Apr 30 16:30 M2 04/20
NA NA -$0.5B

May 01 08:30 Personal Income Mar
0.3% NA 0.6%

May 01 08:30 PCE Mar
0.4% NA 0.4%

May 01 10:00 NAPM Index Apr
53.5% NA 54.8%

May 01 10:00 Construction Spending Mar
-0.5% NA 0.3%

May 01 10:00 Michigan Sentiment Apr
108.0 NA 108.0

May 01
Car Sales Apr
6.6M NA 6.619M

May 01
Truck Sales Apr
6.7M NA 6.537M