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


To: bobby beara who wrote (21152)7/1/1998 4:16:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Bobby, my short/medium term indicator has given buy signals on the SPX (6/23), NASDQ (6/23), DOW (6/29), RUSSELL 2000 (6/30).

I have been expecting a retest/retrace to at least the 8500-8550 area of the DOW. I guess as of todays close on the DOW, I am saying "Uncle"!

I will be out of town over the Fourth. I will not be back until mid week. I will be in cash over the holidays. Looking to go long upon my return. However, I will reassess, after I return. I just don't trust this up move. Time will tell!!

Regards,
LG