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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (11911)12/19/1997 4:11:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
You know Bearshark,

A month ago I was posting my forecasts for December saying there would be weakness through mid-month... and interestingly enough, my VIX indicator gave a partial SELL signal... which is usually no big deal.

What IS a big deal is that the market was down over 250 DOW points and yet the VIX only peaked at 35.

I was expecting over 40... which would have shown MUCH more fear!

This market is NOT acting like I expect it to... but IT is right, not I. So I am beginning NOT to trust my scenario for 1998... the bear MAY come sooner rather than later.

BWDIK?

Bill
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