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


To: bobby beara who wrote (18092)5/7/1998 10:32:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Bobby; You better wake up we are 5pts from the end of the world
on the super caps...and moving that way..the trend is your friend
don't buck it..



To: bobby beara who wrote (18092)5/7/1998 10:36:00 AM
From: Vitas  Read Replies (1) | Respond to of 94695
 
Hi Bobby, the fibo .618 numbers on the SPX , based on the move from the top on 4/23/98 to bottom on 4/27/98 are 1132.98 1076.7
.618= 1098.19.

Based on the move from 4/27/98 to 5/4/98 are 1130.52
1076.70 .618= 1097.26

If it holds there we will be following the September 1992 pattern
fairly closely.

Looks like rally time.

BWDIK, etc.

Vitas