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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (14299)2/23/1998 12:10:00 AM
From: studdog  Read Replies (3) of 94695
 
I'm have my own Barron's based model. It has been quite accurate over the last year and is a very simple process. 1) read all articles including Abelson (have to hold my nose) 2) get a feel for the general tone for that week's issue, simply, is it bearish or bullish. 3) do the opposite when the market opens on Monday.

Since Barron's has been Bearish 79.3% of the time since 1991,(when I started reading it) and the market has gone up one gazillion% then its clear that this is a useful predictor.

For this week I expect a decidedly down week because Barron's gave the microphone to Abby Cohen and the general tone was quite bullish.

Monday - up first due to respect for Dame Cohen
Tuesday - down as Abelson actually buys a stock
Wednesday - down more as he buys Spx calls
thursday - tankola- Abelson on Margin
Friday -up big, after Abelson sells all and goes short.

Just you watch and see how accurate this model is.
I'm thinking of copyrighting it.

Karl
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