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Strategies & Market Trends : Waiting for the big Kahuna
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To: Oeconomicus who wrote (61874)12/27/2002 6:54:43 PM
From: William H Huebl   of 94695
 
Well we got our small POP and we are going through the drop phase. It could get one heck of a lot worse, though, before it gets better. Check the charts and we have formed a 3 month H&S. If that breaks down, we could see a retest of the October lows.

Now there is an even bigger INVERTED H&S going back 6 months or so... and that could pop us back to March levels.

What do I think? I got out of all my funds at the end of November...
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