SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (36382)1/14/1999 6:51:00 AM
From: William H Huebl  Read Replies (3) | Respond to of 94695
 
GZ,

In my spare time this morning <gggg> I have been schlepping through my indicators... there is probably only a 50% chance we will take the path you expect. A more conservative turn-around would be a retest of the lows yesterday and a close somewhere between yesterday's close and the lows yesterday. Then maybe even one more day of "consolidation" before it takes off.

I would like to believe your scenario because it would fit better with my brash prediction that the DOW would close over 10,000 by MLK day. But you know me... "Turn-on-a-dime Huebl." So a slower turn-around is what I see and then we won't make those super-highs until the end of the month. All because of the Brazil nutz.

Bill