Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Yogizuna who wrote (42508)	7/30/1999 8:09:00 PM
From: William H Huebl	Read Replies (1) of 94695

Yogi, Why not use SPY instead??? Also, the SPY is at the 2 sigma error channel lower edge... and while it is looking like this will be a significant move, if the market DOES move up from here then it will not have really broken out of the trend starting back in September. That's the GOOD news for bulls. The good news for the bears is that from the position of my indicators, we have typically sold off another 5% from here... no guarantees, understand, but that is what I see. Lesse, 5% x 10,000 = 500 points on Monday. (oooops) Bill

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