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

To: Investor2 who wrote (28463)	9/20/1998 8:59:00 PM
From: Bull RidaH	Read Replies (5) \| Respond to of 94695

Investor2, "Also, how will your read change if the S&P does close over 1047?" I'll jump off that bridge if and when we get there...<g>. No, seriously, if that were to happen (which I believe has a snowball's chance), I'd expect a run towards 1076SPX, and if that cleared, up to 1110SPX, before the next waves down began. But I certainly wouldn't want to remain short on closes above 1047, so that's why I put that comment in there. I'd be interested to know how this market looks from your angle. What saith thee? Regards, David