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


To: Vitas who wrote (37640)2/24/1999 1:50:00 AM
From: Brad Bolen  Respond to of 94695
 
The bears seem to have more conviction than usual around here.
I guess Bill and GZ went to the coast to enjoy their winnings from their great call this last weekend.

The BK thread indicator is now a weighted indicator....with Bill and GZ the weighted ones! <g>

Anyone have an opinion on the so called INTEL pentium III bug?

B.



To: Vitas who wrote (37640)2/24/1999 3:26:00 AM
From: Bull RidaH  Read Replies (3) | Respond to of 94695
 
Vitas,

'Fraid to say i am... (Ready to Rumble!!).

Been working on the 'ol crash targets this evening. If we don't make higher highs on the 24th (Feb) than the 23rd (i.e., the top is in), then here's what i'm gunning for.

OEX 496
Dow 7934 (Cash)
Dow 7917 (Futures)
S&P 1017.60 (Cash)
S&P 1018.70 (Futures)

Timewise, I expect the worst of it (75% of the down move) to come between now and March 13th. But i doubt the down move will be over til the end of March. That's when we can bring out the deep sea fishing equipment for a lil bottom fishing.

U ready to mortgage the house for O.T.M. April puts? <g>

David



To: Vitas who wrote (37640)2/24/1999 5:33:00 PM
From: Bull RidaH  Read Replies (2) | Respond to of 94695
 
Vitas,

"NYA exceeding its upper Bollinger band at 603 and change would be a problem."

Perfect call!!! It hit 603.10 and TANKED!!!

Would it be safe to say we're on full scale crash alert??? <g>

Regards,

David

P.S. what's you're prediction for the date of the bottom and the price point of the SPX at that time?

Mine is 3/31/99 @ 1014.14.