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


To: Skipperr who wrote (25564)8/29/1998 12:38:00 AM
From: bobby beara  Read Replies (3) | Respond to of 94695
 
OK, since you won't dismiss my analysis, I'll tell you we will probably have one up day at the most early in the week. We need to get much more oversold before we get a real bear rally, we need to take out the 8/11 McClelland Oscillator reading for that.

and I'm pretty much as sure of that as i was on those Yahoo 200 call options -g-

bb



To: Skipperr who wrote (25564)8/29/1998 12:16:00 PM
From: kenya  Respond to of 94695
 
Unless additional negative news comes out this weekend, I agree, we'll likley see a move up first of the week; may accelerate but likely climb slowly. Did you notice the strong floor on Friday at 1021 on the SPX? Strong reversal there. Rest of afternoon was sideways.