Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (93045)	8/2/2011 6:53:30 AM
From: William H Huebl	Read Replies (1) of 94695

One of my surrogates for the markets is RYVYX vs RYVNX and you can see it in the following chart: stockcharts.com If you draw lines across the peaks of the red line (10 EMA) and another across the lows of it, you will find a broadening formation indicating emotion is creeping back into the markets. My best guess is the current wave down will end sometime in mid to late August with a struggle into mid range in September with a BK in October... but it is only a guess and up to Mr. Market to confirm. BTW, you can also see the expanding nature of trading is also reflected in the MACD! And you may find she goes as low as 1200??? in this next leg down?

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