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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (65598)9/1/2003 8:37:41 PM
From: William H Huebl  Read Replies (2) of 94695
 
This week's indicators are a repeat of last week's, it would seem, ... my Barron's based indicators are bearish and my composite is bullish. Directional indicators are neutral. My guess is another wild and crazy week... BWDIK?

The DJI system signal is still bearish but another positive (or even a weak negative) day will put it bullish. My expectations are as follows:

- strong negative tomorrow will probably mean another try at a retest of the near 9500 area later on in the week;
- strong positive... but not over 9500 is a setup for a strong sell-off;
- very, very strong positive is a precursor to bubble lift-off time...

The middle one is my favorite... but the market could go to sleep... I don't see how?
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