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


To: Bull RidaH who wrote (18454)5/13/1998 6:44:00 PM
From: purecntry5  Read Replies (3) | Respond to of 94695
 
Hello Kahunas, maybe this will provide some relief??...

18:14 [HWP] H-P CEO: WE 'HAVE MORE WORK TO DO' TO TRANSLATE GROWTH TO PROFITS.
18:13 [HWP] H-P CITES PRICE PRESSURE IN PC BUSINESS, ASIA WEAKNESS.
18:12 [HWP] H-P SAYS Q2 EARNINGS TO BE 65 CENTS VS. 75 CENTS.
18:11 [HWP] HEWLETT-PACKARD SAYS Q2 EARNINGS TO BE BELOW EXPECTATIONS.



To: Bull RidaH who wrote (18454)5/13/1998 7:01:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 94695
 
adding more if it sees
1118-1120 first.


it looks like we may see your area tonight on Globex...
so how does that effect tomorrow



To: Bull RidaH who wrote (18454)5/13/1998 8:17:00 PM
From: Death Sphincter  Read Replies (2) | Respond to of 94695
 
david...hoping coil and CPI tomorrow gives it a little pop. I exited all my long position this morning, nearly reentered this afternoon but the MM's are going to jack me around on the premium, and the risk reward is not up to my standards. I need to up a futures account ! i think this thing is toast and we are seeing the last gasp up....the dow is still leading and everybody else is lagging and I agree that a tumble is coming. You know from prvious messages that I was looking for 10am tomorrow to start the down, so maybe it drags to Friday, so what? either way it works and I remember that I was looking for a sharp 4 day down and you are looking 8-9 days(i think) either way we should be going to test the 8840 DOW---- 1076 S&P...do you agree?? i also think that this top is going to not be exceeded for at least a couple months............so, please, rub up your whammy doll and bring on the bounce.....i am going very heavy short, starting tomorrow.

carl