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

To: HighTech who wrote (24325)	8/15/1998 12:03:00 AM
From: donald sew	Read Replies (1) \| Respond to of 94695

HiTech, >>>>>>>> Any chance the BK may hit Monday? Charts sure look bad and if more problems develop overseas along with uncertainty with the slickster, who knows? Favors and Plonk and Temple all think we will have a big rally.(Three e-wavers agree, spooky huh?)<<<<<<<<<<<<<<< The chances are very slim that the BIG KAHUNA will start Monday, unless there was an extreme news issue, like RUBIN and GREENSPAN resigning - notice I did not include Clinton ggggggggggggggg. Actually the market internals have improve slightly, but enough to halt an extreme selloff of say greater than 500 points. For now I think the worse case senerio for this specific short-term down cycle would be a selloff to 7700-7800, but strongly feel that the support at 8200 or 8050 will hold. Seeya