Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (53413)	7/24/2001 11:32:22 PM
From: Skeet Shipman	Read Replies (1) of 94695

Well Bill, I might be looking for a bounce in here. But, I do not believe it is the start of a major move. Computer analysis of the markets are becoming more negative:. Market trend is DOWN. Conventional Interpretation - Short Term: The market is bearish because the fast moving average is below the slow moving average. Additional Analysis - Short Term: The market is EXTREMELY BEARISH. Everything in this indicator is pointing to lower prices. Conventional Interpretation - Long Term: The market is bearish because the fast moving average is below the slow moving average. Additional Analysis - Long Term: The market is EXTREMELY BEARISH. Everything in this indicator is pointing to lower prices. So until my indicators, which are now neutral, give a signal I am going to trade the market from a bearish position. Skeet

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