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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (13959)2/7/1998 5:03:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,
I guess you missed my post to Haim...I noticed that some major movers/volume were stocks like asnd,lsi,cpq,bay etc....that would skew your data.More bottom fishing in the former tech high fliers cannot help but "mess" with this indicator.Isn't the vgy even looking a little toppy?My "gut" and short term indicators say we go lower by Tues. or Wed. but not a big dip.Since I am feeling more bearish,I know the trend will continue upward for the near term.<VBG>I just hope for a couple of volatile days and then I will "stop,look and listen"(like I taught my girls!) and wait till after expiry.Short term charts are starting to look like Dec.???But there is no denying that irrational exhuberance...again!;(
You didn't comment on my "olympic indicator"???
Thanks from all of us for the update.
Regards,
Barbara

PS.Spellcheck is making me feel dumb..I thought I spelled exhuberance right???<GGGG>
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