Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (50100)	1/31/2001 6:09:52 AM
From: William H Huebl	Read Replies (2) of 94695

Hi Skeet, Here is my problem. Everything I look at: bmx, nhb, spy, calvin... all are gangbusters to the upside. HOW-SOME-EVER!!! The DMI trends that started back in mid-December 2000 were broken LAST week (Jan 25th) which gives me pause. And especially SPY where you have the DI- strongly broken to the upside last week and the DI+ trending down through yesterday from over a month ago. IMHO, that speaks to caution... not the type which is based on whether the Feds will act but on whether it is too late to do anything before we unwind into a recession. So be daggone careful... NONE of the indicators I posted this past weekend on my website have broken out... today may well be the day. Or not! BWDIK??? Bill

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