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

To: Arik T.G. who wrote (36510)	1/17/1999 10:58:00 AM
From: Haim R. Branisteanu	Respond to of 94695

Arik, I admire your detail work. I am not a believer in EW, but from time to time take it into account as I do belive that markets move in accordance to the believes of other traders including EW types. My amateur interpretation is that since Oct 8, 1998 we have a 5 wave formation which is now in process to the upside. My support comes from the substantial amount of cash inflows in Money markets and the upcoming end of month were the contributions to the 401K will flood the market again. From a political point of view, Clinton attorney's and the state of the union speech will further bolster this market. The political fall out will start if witnesses will be accepted and who those witnesses will be. The only problem I have is AG testifying on Jan 20, and according to Bobby Beara a GAN date. Please advise. Haim