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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 (36675)1/23/1999 8:04:00 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Bill I tend to agree with you, there is this 401K ritual and most of th epeople are pre-programed to buy no matter what.

Still it isimportant that the market should hold at those levels. If my speculation is correct - e.g. lack of buyers on Friday afternoon, we may see a strong upmove next week.

Interesting was the intra day chart of many highfliers, they all broke down toward the days end.

BWDIK
Haim