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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 (32171)10/22/1998 7:03:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Bill,

The explosive rally of the past week was a legitimate breakout to the up side, there can be days of hesitation, but such breakouts characteristically have mammoth force behind them, they don't give up so quickly. After a day or two of hesitation, they can easily, and typically do, resume their powerful move. This has been the case historically, I don't know why this instance should be any different. But, we'll see.....

GZ



To: William H Huebl who wrote (32171)10/22/1998 8:06:00 AM
From: S. Chiang  Read Replies (1) | Respond to of 94695
 
>>> Globex is up DOW 20 points right now. <<<

Globex is up 1.20. However, It closed 5 points below fair value. So, Dow should open down 30 points or so.

BTW,
NIKKEI 225 INDEX closed up 79. It was as high as +526.
HANG SENG INDEX closed down 3.54. Its high was +133.
CAC 40 INDEX is now up 9, off its high at +50.
DT. AKTIEN INDEX is now +15, off its high at +74.


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