Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (40781)	6/20/1999 9:05:00 AM
From: William H Huebl	Read Replies (1) of 94695

GZ, On Friday, June 18th a relative strength comparison I keep on the combined NYSE and NAZ against VIX hit the exact same level it was 11 months ago before the summer sell-off of 20%. Those are the only two times it has been at this level. On Thursday, June 17th the SCY ratio AGAIN hit the lowest level in history. The bond rally Friday, moved it up a bit. I note that bonds and stocks are not always connected at the hip... Lessee, May 13th (my forecast was May 17th for the peak) plus 38-39 days gives us Monday, June 21st for the failed rally back to the peak and Wednesday, July 7th as the crash! This is in the first week of July as I said late last week. I will need to be buying puts with both hands tomorrow! I only have 20 right now... Bill

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