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Strategies & Market Trends : Waiting for the big Kahuna

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To: kas1 who wrote (12019)12/21/1997 11:09:00 AM
From: William H Huebl  Read Replies (4) of 94695
 
K1,

I do NOT agree with you! While NAZ and DOW sometimes move to different drummers and the certainly don't move exactly together... it seems rare to have them moving in oppositie directions for any length of time more than a couple of days...

But we seem to be losing sight of the fact that my A#1 top index is VGY and not DOW and not NAZ and not...

VGY is where the action is and I watch that like a hawk!

VGY is 8% off it's highs, has formed a large H&S and if broken, promises to go down ANOTHER 10%!

So look out... it is currently on a "sell."

Bill
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