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 (1444)	6/26/1997 6:03:00 AM
From: William H Huebl	of 94695

Hi Skeet, One (new) indicator I am watching has 2 characterisstics which must be present in order for the markets to advance: - it must be positive, and; - it must be moving higher. Using that indicator on VGY, the most conservative of my indices, it turned down and went negative with yesterday's sell-off. I am taking that to indicate a BEEP. Whether this is THE beep or just a pre-beep beep, (yeah, the committment hearing is Saturday), I am going to start accumulating puts NOW. Regards, Bill

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