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Strategies & Market Trends : Waiting for the big Kahuna
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To: Stingray who wrote (2039)7/5/1997 7:19:00 AM
From: William H Huebl   of 94695
 
Hi Stingray,

Good to have you back, even if it only may be a temporary stop.

My forecast got totally creamed on Wednesday... not that I am without bearish concerns, but Bob says it right... DON'T FIGHT THE TAPE.

So as soon as we get off this sell signal, I am in for the next move up.

(I think the best use of TA is for moving in and out of positions, based on signals rather than necessarily going long and short on the signals... anyone doesn't undersstand, JUST ASK.)

Regards,

Bill
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