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Strategies & Market Trends : Waiting for the big Kahuna

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To: robnhood who wrote (11187)12/10/1997 6:45:00 AM
From: William H Huebl  Read Replies (1) of 94695
 
Hi Russell,

GENERAL POST: As there was a "non-unified" VIX sell late last week, by the end of this week we may get a "non-unified" buy. What this means is the DOW will probably drop over the next 2-3 days, reverse itself and move higher into next week and THEN form the "unified" or 5% sell signal I have been going back and forth about with Clinton.

That tells me the ultimate market low reached this month may not occur until the week of the 22nd (Christmas week). What a ribbon-wrapped present THAT would be for investors!

Now I know Clinton will probably be asking... how did you do that? Well the VIX charts I keep show a recent 12 day cycle, low to low point we are near, so 12 + 9 = 26 ( 12 TRADING days = 16 calendar days... plus the holiday). Realistically speaking, I put the low on maybe the 30th at 7,777. No quibbling!

From there on out it is UP, UP and AWAY!

BWDIK?

Regards,

Bill
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