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


To: Follies who wrote (27823)9/14/1998 11:52:00 AM
From: HairBall  Read Replies (1) | Respond to of 94695
 
dale: I already wrote SI. I will check out the cache at the end of the day.

Thanks for the input!

Regards,
LG



To: Follies who wrote (27823)9/14/1998 12:05:00 PM
From: HairBall  Respond to of 94695
 
dale: Looks like the market is getting very close to a decision point. Will the market reverse or invalidate the flag formations. A significant move above, roughly, Dow Ind. 8120 or SPX 1140 would invalidate!

I expect a break of these formations in either direction will portend a strong move in the direction of the break.

Still expecting the overall downtrend to remain in effect, for now!

EDIT: Will Clinton's speech to the Council on Foreign Relations regarding the World Economy cause a spike?

BWDIK
Regards,
LG