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


To: Bull RidaH who wrote (17390)4/27/1998 8:05:00 AM
From: James F. Hopkins  Read Replies (3) | Respond to of 94695
 
David; ALL..Strong to the downside on the open..which surprises
me .. All of Europe is down..that's unusual not to find any
gainers ..I can't find any real bad news..Asia down also ...
it just depends on how hard this thing falls as to if it will
bounce back..as the sell programs will kick in on the open as low
as the futures are
..I expect curbs withing 30 min after open
then a rebound..except for tech the broad market has started a
down trend..buying dips is very risky at this time.
Jim



To: Bull RidaH who wrote (17390)4/27/1998 11:24:00 AM
From: ratan lal  Read Replies (2) | Respond to of 94695
 
Well David

'Timing error' again. Almost sounds like EW was written by Bill Gates.

Market DID NOT go up today on the Wave B rally.

Market DID break all supports expected for the next 2 days.

NOW are we going to be in Wave 3 Up OR

CONTINUE to go down and break some more supports for the next 2 days ??

ratan