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

To: Barbara Barry who wrote (21108)	6/30/1998 1:42:00 PM
From: yard_man	Read Replies (1) \| Respond to of 94695

>>big summer rally right around the corner to major correction!<< That sounds about right. <g>

To: Barbara Barry who wrote (21108)	7/1/1998 6:27:00 AM
From: William H Huebl	Read Replies (3) \| Respond to of 94695

BB, You are not going to like this... I peg the BK July's expiry week! THAT's a one-two punch for the markets! I agree the psyche indicators are not bad. On the other hand... on Monday, there was a 50 point intra-day reversal at the close and VIX didn't budge. Another -40 points yesterday and VIX didn't get much above 20 before closing just under 20. That spells complacency to me and that is most dangerous of all! But you are right! I am banking on a brand new chart to lead the way and it may be totally off base! Thankfully I have a strong sell on BA and it doesn't always follow the markets up! Bill