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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (49755)12/21/2000 4:13:36 PM
From: William H Huebl  Read Replies (2) of 94695
 
Remember, I look at a lot of different things before I release any opinion I may have as far as what the market is going to do... when most of the charts I look at have bottomed against trend AND my Barron's based indicators are positive as they were this week, then that is bullish for me.

However, since SPY has totally broken down out of support, we will have to see if that support becomes resistance. If it does, then the markets will not finish up on the week as expected.

Remember also, my long term forecasts are DOWN... and are still so... so if I don't get the short-term forecast right, the longer term should be ok???
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