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

To: bobby beara who wrote (38016)	3/7/1999 12:19:00 AM
From: Berney	Read Replies (1) \| Respond to of 94695

bb, I really was impressed with the way your propeller beanie changed direction on Wednesday. right now I consider this a low probability and trading in either direction is low probability/high risk until this is answered. Surely, Thursday and Friday caught a bunch of folks with their shorts down. <g> The strength of the move even surprised me. But, I certainly agree that it is tough to take any position until there is confirmation that the trading range holds or we break out. Right now we are in the Twilight Zone. What I really enjoyed about the site you cite is the speculation that the employment numbers were leaked. The tape action Thursday sure seemed to reflect this. The other issue they ponder is a mini-Y2K problem, can the software handle a five digit DJIA? I personally don't believe (a human emotion) that we will see this issue resolved shortly, but it will be interesting. I guarantee you that no matter the TA, I'll be on the sidelines to watch that event. Again, that was a nice reversal of opinion. You are indeed good! Berney