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


To: SE who wrote (20961)6/25/1998 1:32:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
Scott, no advise intended but I closed my longs this morning except a position in ABX.

At this point NAZ is down 6 points and SPX just turned negative. If we stay at same levels or lower b close we have the reversal day I expected.

Also the "empty heads" at CNBC start talking about a draught coming and higher grain prices. Combine that with recent oil push and "voala" we have inflationary pressures.

Check the CBOT charts on grains.

BWDIK

Haim