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

To: Amelia Carhartt who wrote (39711)	4/25/1999 7:22:00 AM
From: William H Huebl	Respond to of 94695

Susan, Using KAGI, the DOW chart looks like we will go through these sell-off rites every time we get back to the previously defined upper trend line. There just may be too much money pouring into the markets long term to have a defining "moment" (maybe I should say "period" since it took several years to get to 10% of the peak) like 1929. But I wouldn't bet the farm on it??? My strategy, if you call it one, is to invest relatively small amounts of capital in options so that the investment results are steady regardless of market direction. And if there is a defining moment, I surely can afford to lose 1-5% of my capital. Well that's the strategy, I better get crackin' and do it, huh??? If you want, I will be glad to send you or anyone else a chart showing the pattern... Bill PS If you are stupid then I am dumber!