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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (10753)12/2/1997 6:00:00 PM
From: Judy  Read Replies (1) of 94695
 
Hi, Bill ... inverted H&S? In plain English, please. You mean LU is about to reverse into an uptrend?

The divergence between the NAZ and DOW needs to be resolved shortly. I think Don Sew on the Tech Options thread expects the NAZ to snap up, while I sense that the DOW will snap down.

Even though there is supposed to be a year-end rally, the tape seems to indicate shorting into strength is the thing to do ...
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