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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (43828)10/6/1999 9:01:00 AM
From: pater tenebrarum  Read Replies (1) of 94695
 
Bill, this seems to indicate that the next wave down can't be too far away...my own view is that we'll probably see some backing and filling with a slight upward bias into expiration and weakness thereafter. i see your projection oscillator is on a sell...and so are the weekly cycles. ST cycles are on a buy since 09/28 and point up into mid October...however, the last cycle was rudely interrupted half-way through and inverted. 09/28 was supposed to be a high, not a low. we'll see what transpires, but there are some disquieting signs...one is that there are way too many bond bulls considering the poor performance of the bond:
decisionpoint.com

perhaps the current ST cycle will turn early as well?

regards,

hb
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