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


To: William H Huebl who wrote (38665)3/18/1999 9:24:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
This could be the big top, but.....

GZ



To: William H Huebl who wrote (38665)3/18/1999 9:38:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 94695
 
Morning Bill

good calls the last 2 days....i have the SPOOS & SPX in a topping pattern yesterday...

as i said my first support would be 9600, this would be "in P&F speak"<g>, a 50% retracemnent from "a High Pole Top" on the DJIA...

next support would be 9100, hard serious support, and if we break that 8650...i think it would equate to about 1195 SPX....at the bottom..

i've posted these numbers here before...this would be a correction only...if & when it actually happens...

The overvalutation of the market vis-vis interest rates will cause an adjustment of those levels...

however get ready if/when this does happen to dive into the next BEST time to buy buy buy...

regards and keep up the good work......:>}



To: William H Huebl who wrote (38665)3/18/1999 1:34:00 PM
From: Kailash  Read Replies (1) | Respond to of 94695
 
Bill - doesn't look too good for your Thursday predictions - and Friday being triple witching we'd really need a Gorgon to scare the Dow 500 points. The mood is still "I'm on top of the world!"

Kailash



To: William H Huebl who wrote (38665)3/18/1999 2:31:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Bill,

My SP positions are still alive..... my bonds are also doing nicely, so far..... yippee yippee yippee.....<g> I shorted some crude oil today.....

GZ