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

To: yard_man who wrote (20826)	6/22/1998 2:28:00 PM
From: James F. Hopkins	Respond to of 94695

My guess is we are in a trading range, 1120 to 1090 for a while, if no more curve balls are tossed by the Fed or Ruben. As for what he will do next, well who can tell which way snake will wiggle next ? <G> Jim

To: yard_man who wrote (20826)	6/22/1998 4:08:00 PM
From: set	Read Replies (2) \| Respond to of 94695

> Summer rally, trading range or fizzle? fizzle. I know this has had a lot of false starts, and I understand that an index probably doesn't TA like a stock, but this damned umbrella top is working itself out perfectly, and the little triangle that usually comes right at the end of one is here, now, in front of my face. if it were a stock and I owned it I would be freaked out. tscn.com the thing about rounded tops, especially as they terminate, is precisely that the thing in question seems to want to go up. there is a calm, just like today, when it seems like if it was gonna fall it would have already. so I say, BK before wednesday. a couple of these have broken upside lately however. so who knows. bwdik Shahar