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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (12981)1/10/1998 7:37:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
GZ,

I am grasping at straws, also. The closest I can come to anything that will tell me when it is safe (REALLY safe... not just a week's move) to buy long is the correlation between A/D and DJ-30. When the correlation dips below .8, it is a sign it is all over (the move down is complete except for volatility). RIGHT NOW THE CORRELATION IS .91 AND RISING!!!!

Woe is us!

Bill
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