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


To: Bull RidaH who wrote (38140)3/10/1999 7:38:00 AM
From: bearshark  Respond to of 94695
 
David:

My lifestyle now requires me to seek out those 500 to 1,000 point moves only. Last year was very nice for that. I cannot miss them and have any return for the year. I think we are very close to having one of those now but I am not sure which way it will be yet. My senses say it will be up but I am not sold on that. For me, it would be very nice if the INDU would test the 9380 to 9450 point (apex of its triangle) and if the INX would test about 1240 (bottom of its triangle. Even though I sense a move up, the statistics I keep show that there is also a good chance for a decline of from 5 to 9 percent. So I am stuck with my face to the monitor for the next couple of weeks.