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

To: William H Huebl who wrote (30922)	10/8/1998 7:32:00 PM
From: Barbara Barry	Read Replies (1) \| Respond to of 94695

Bill, Yes dear!No calls.But if I had gotten my straddle today it might have been interesting.<VBG> And you know how much I hate it when it all happens around expiry week.As I said,my hope is that the big down move will hold off till later in the month.The little guys at Quick and Riley here are just starting to sell,so maybe that capitulation thingy will take a bit longer. Got anymore of those mind-boggling charts?<gggg> Homecoming this Sat. and I haven't made enough $$to pay for the dress!;( Regards, Barbara

To: William H Huebl who wrote (30922)	10/8/1998 7:50:00 PM
From: Brinks	Read Replies (2) \| Respond to of 94695

Prechter believes this is a Grand Supercycle Bear Market which we have not seen since the 1700's!!!! Needless to say a once in a lifetime situation. From a fundamental standpoint (See James Stack Investech) this bull market exceeded all other bull markets by a mile. No comparison!! He is still maintaining the "potential" of 3675 or 2365 Dow by early November. Per Merrill Lynch 45% of all stocks are now 50% below their 52 week high..... For those of you who lived through the 1974 and 1982 markets you understand the potential rewards here. For those who did not, well, welcome to your first "real" bear market! Guess how long Prechter thinks this Grand Supercycle Bear Market will last? I don't want to spoil the party.... BTW I see a lot on the slope of hope (opposite of wall of worry in bull market).