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


To: bobby beara who wrote (38292)3/12/1999 1:57:00 AM
From: Berney  Read Replies (1) | Respond to of 94695
 
bb, It only seems a short time ago that I was suggesting that you adjust your propeller beanie. As I remember at the time the world was coming to an end.

Again, I disagree. We have IMHO simply moved to the top of the trading range. However, even I'm surprised at how quickly it took place. But, 6% moves do not happen without a price to be paid, particularly in already lofty markets. I will be interested to watch if the move back down to about 612 on the OEX happens as quickly as the move up.

Now, if OEX breaks about 656 on a closing basis, I'll be searching the local stores to see if I can find a similar beanie to wear. In the meantime, it is going to be interesting in any case.

Not bullish or bearish -- just cautious.

Berney



To: bobby beara who wrote (38292)3/12/1999 10:13:00 AM
From: yard_man  Respond to of 94695
 
May in fact be "the" day for SCH poots <ng>