Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (15496)	4/4/1998 10:45:00 AM
From: William H Huebl	Read Replies (2) of 94695

Haim - Barron's fcst: Apr 4 1998 Weekly=Up Mon=u,Tu=d,W=d,Th=u VIX=900 points down VGY=Sell DJIA mom (377) =near peak Gut feeling - Bullish Volatility=increasing Overall-not down Evaluation:of last week's forecast: Weekly-Right on Daily-50% right Gut feelings: wrong about move down Binary waves and VIX turning stabilizing Average true range of Zwieg getting back near bearish point... but not there yet. Unless we get some FA data which is really negative, I think we should see 9,000 on Monday with a good pull-back on Tues and Wed. There is nothing to stop the DOW from reaching 9,600 but fear itself... and for good reason. Bill

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