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 (7357)	10/25/1997 3:53:00 PM
From: John Hunt	Read Replies (2) of 94695

Bill & All Just spent some time looking at TA on my index charts. FWIW, it looks to me like the CRB index will have a big drop like gold. Digging into the component charts, oil and gas and Paper and Forest look very weak, and of course gold is also a component. I think the Asian crisis is going to result in a lot of cancelled orders for basic commodities. This could lead to massive oversupply and serious deflation. Of course, all just my humble opinion. Thoughts anyone? John PS - This is based mainly on the divergence between CCI and the indices over the past 3-4 weeks.

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