Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: William H Huebl who wrote (36934)	1/31/1999 8:55:00 AM
From: Moominoid	Read Replies (2) \| Respond to of 94695

Australian All Ordinaries Index also broke out of a symmetrical triangle in last two days just like SPX. It is also rammed up against the top 34 week Bollinger Band. In both cases the bands are expanding out. This is bullish on both sides of the World :) Can you explain for those not in know what you mean by Barron's based forecast. I have never read this magazine unfortunately. David

To: William H Huebl who wrote (36934)	1/31/1999 9:54:00 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 94695

Hi Bill, your forecast is surprising. From the many breakouts in price it may make sense for an upmove, but Call/Put option on CBOE are at historic highs. Ti may be that the 401K effect is still in place. As to the buy recommendation I will limit them to the momentum stocks only. For those interested in accumulation I will suggest a close look of oil and gold stocks. General market direction? As usual I am confused. BWDIK Haim