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Strategies & Market Trends : Waiting for the big Kahuna
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To: Yogizuna who wrote (42408)7/27/1999 2:45:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
Yogi,

I look to 1998 to be an overlay... and interestingly enough, most of my indicators show negative divergence with the two periods compared to the DOW.

Using last year as a guide, almost anytime near 11,000 which it is near now should be a good point.

But I am waiting a couple of days to see if mutual fund flows are lower AGAIN this week AND I may wait for EXPIRY week just because I have a strong signal there.

As you can see from last year, these sell-off are not straight line... an understatement if I ever heard one.

Bill
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