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


To: bobby beara who wrote (22176)7/23/1998 9:17:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
BB Why ?? <<I'm kicking myself for listening to Don Wollanchuk today!>>, What he said??

It seems to me that today was intermediate capitulation. Some stocks just did not get bids at times.

I do expect a reflex rally tomorrow. Remember it is Friday and the specialist must recover their loses. Aside Joe Six pack must have his week/month UP <gggg>

Aside next week we start with the well known 401K ritual

Bull markets do not die so quickly. This last run was quite impresive, the market corrected about 50% of it's run and we need lower highs to confirm. The NIFTY FIFTHY are still in power.

If not for HWP we would be much lower.

Watch GE as an indictor.

BWDIK

Haim



To: bobby beara who wrote (22176)7/23/1998 9:26:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Bobby,

I can't imagine you taking advice from ANYONE! <ggggg> That is a compliment, really! I agree with all you said, but I sold BA because I made a profit. I can always go back to the well because, as I have emphasized to certain people on this thread, that you jump on a trend and make your money that way... and cover the risk by going out a month on expiration.

What did DW have to say??? I don't usually listen to the advisors... they aren't any better than anyone on this thread, as far as I am concerned...

(which may not be saying anything about ANY of us <gggg>)

Bill