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


To: bobby beara who wrote (21149)7/1/1998 8:41:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Bobby,

On June 15th I was saying buy with both hands... however as we seemed to encounter more and more resistance as the move up continued in fits and starts, I became more and more uncertain whether we would get to my projected high of 9,600+ during this summer rally.

Now it SEEMS like a sure thing. And we could get to 9,200 tomorrow, easy. From there up, the sky is the limit.

All that being said, IFF (if and only if) the DOW reverses and sells off strongly, THAT would be a VERY bad sign.

But it doesn't look like THAT will be the scenario... just your garden variety summer rally with the holiday.

Bill

BWDIK???