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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 (31085)	10/10/1998 7:58:00 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

Bill, Scary, but I agree precisely with that very scenario, except for the BK, I think we already had that. Last Thursday the markets had a recovering rally where the DOW recovered 100 points in about five minutes. On my charts, that remains as a significant moment, something like a gap. I'm looking for a rally to above 8150, then a retest of the area where there are four or five closes all bunched together just around Thursday's close, then a continued rally upward. I think that once, and if, the DOW every sees the old highs, we'll likely sell off again, but just back to 8400. Of course this is just conjecture, but, heck, I can dream... GZ