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

To: donald sew who wrote (26730)	9/7/1998 8:35:00 AM
From: William H Huebl	Respond to of 94695

Yeah Don, A real hoot. I still stand by my forecast of 250-300 points up on Tuesday. Bill PS Sent chart to Jerry on why SP500 HAS NOT YET broken down.

To: donald sew who wrote (26730)	9/7/1998 11:33:00 AM
From: bobby beara	Read Replies (2) \| Respond to of 94695

Since these Asian markets broke the trendline to the upside there may not be a retest of the lows Au contrare mon frare -g- Donald the n225 closed right in the area of resistance of the Jan and June lows and on the August downtrendline. I would interpret this as an ABC countertrend bear rally, unless the June & Jan lows are taken out on big volume in the next several trading sessions. Per your stretched guitar string, this may be a set-up. Any megalunei (crazy fool moon buying) effect is still a selling opportunity until proven otherwise IMHO -g- We were at a similar point last year, after Labor we rallied hard into the October 8th peak, however last year we were locked nicely inside the bull trendlines, this year we aren't. This year I think the rally will be used for selling. When everybody is bearish on the Cisco thread, then we will have a tremendous buying opportunity -g- bobby b