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

To: Daniel Ray who wrote (21675)	7/15/1998 7:54:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

DR, Thanks for the post... I feel like we are in the trenches, slogging out each point. Bill

To: Daniel Ray who wrote (21675)	7/15/1998 8:00:00 PM
From: Don S.Boller	Read Replies (1) \| Respond to of 94695

Daniel: "NO ONE CAN PREDICT THE FUTURE"....................oh, say it ain't so. If you are correct - then this whole thing is one big random walk...technical analysis is a crock...the E-Wave boys are deluding themselves, cat entrails have no meaning.... Heck, rarebird put in two cents worth and had his/her tail feathers singed....You are correct about about wanting to be on the "right side". I too share this goal, but have learned over the years - that it pays to hedge (e.g., own some long bonds, have a little gold, play some of the momentum techs, etc.) Also, doesn't hurt to have a little green set aside for the "rainy day". Humbly, what do I know. Best, Don (p.s. the whale watching on the coast is great at this time of year)

To: Daniel Ray who wrote (21675)	7/15/1998 8:34:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 94695

Danny Ray >>>>Really, no one can predict the future<<< baloney I told Haim several weeks ago to buy Yahoo 200 call options -gggggggggg- and this note for Haim: I have been keeping tranny watch also. This morning I bought some poots on DAL. The XAL had a bearish engulfing candle reversal today. If you draw a trendline on the XAL from the October and Jan lows the XAL dropped below in the April-May correction came back up and reversed back off that trendline twice (today being the 2nd day). DATS a FAILURE! The XAL/tranny has lead both up and down in the last year. Oil looks sucky, but it has bounced off a double bottom, so could get a short term pop here. Tom McClellan has a cycle low for precious metals next week. Intc reaction a mystery, declining revenues and profits, at some point reality will be a dish served cold. bwdik, bb