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

To: Bull RidaH who wrote (38378)	3/14/1999 8:11:00 PM
From: Moominoid	Respond to of 94695

A correction to about SPX=1100 seems pretty likely to me. But we're going higher to about 1340-50 first in the next couple of weeks. On the basis of my 34 week Bollinger Band analysis 950 or so could happen (lower Bollinger Band) but it could be as little as 1150-1200 (34 week average in a few weeks time). The corrections in the 95-97 period were to that level, the 98 correction to the lower BB. The 34 week lower BB is about where it was at 31 August 98. This cycle is just serving to blow out the bands. The upper BB is at 1330 currently. David