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 (1864)	7/3/1997 1:37:00 AM
From: Skeet Shipman	of 94695

Hi Bill, Well I can't leave without you letting a few bulls run loose around the thread. At least you didn't let Allen lower the discount rate, of which I was afraid. I had some standing purchase orders to buy puts hit today. Domestic disposable income came in higher than I expected, yet check out a related news article about ABC/money consumer survey: biz.yahoo.com Indicator flows in the Nebulae are at critical levels. The General market flow indicator has finally returned today to its previous Feb high. The tech indicator broke down thru its upward trend line today. And domestic international flows continued their outward flows; yet, the dollar and interest rates continue to diverge. From an indicator review we could stay in this condition for a week, or turn down today. Whichever it appears this is most likely the market's top. I keep expecting that irrefutable public signal - a news item(Breakdown in Europe, Warning by GE, etc.) or a key reversal day. It should occur soon. Skeet

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