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

To: bob wallace who wrote (34158)	11/22/1998 11:01:00 PM
From: Gersh Avery	Respond to of 94695

Bob I would agree that the "big boys" have this market short right now. But there has been a series of amusing actions in the charts that I've been watching. Seems like every time the prices start to be lowered to take advantage of the short large buyers step in. I expect this situation to play out in one of two ways: 1- the large shorts can't get the market to dip like they would like and wind up covering. BTW .. that takes the DJIA over 10k :o) 2- We get a dip that lasts for a day or two and the big boys cover for their gain and we take out the old highs and then some.. BTW .. I think that it is the fund managers who are buying every dip because they know they are going to have a lot of buy orders pretty soon. Gersh More of your thoughts please?