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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (44319)10/30/1999 6:45:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
GZ and Rocketman,

mynvo.com

Lessee, interest rates are climbing ( 1 1/2% since Oct 1, 1998, contained within a 2 std dev channel only 10% wide), the Feds are in a non-accomodating mode, the worst time to be in stocks vs risk-free interest accounts in history and, oh yes, the highest level of speculative activity in history as measured by the equity calls vs index put open interest.

SO LETS ALL GO OUT AND BUY THE DJ-30??? That little puppy has NOT been contained within a 2 std dev Raff channel from Oct 1st and it is over 20% wide!

The logic slays me.

(BWDIK?)

Bill
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