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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (46411)3/26/2000 10:37:00 AM
From: William H Huebl  Read Replies (2) of 94695
 
GZ,

To the average investor, this may look like a buying opportunity - expecting things to go to new highs. BUT LOOK OUT!!! SCY is now .716 - lowest in history... and of course various indicators are at their peak trendlines:

mynvo.com

I am posting a weekly chart also... give me some time to do that. "THIS TIME IT'S DIFFERENT!" What I mean by that is every time up until now, the volume peaks have corresponded to sell-offs (turn-around points) but THIS time we have a heavy duty volume peak as the market moves up. Distribution? I think so!

Here it is...

mynvo.com

BWDIK?

Bill
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