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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (16092)4/11/1998 7:24:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
BB,

Since the setup signal, the average length of time to the trigger is 9 days and we have gone 5. But my Barron's indicators say we should have 2 strong up days Monday and Tuesday with the week ending down. As Haim says, they haven't worked because they are consolidation oriented and not trend indicators...

So if he AND I are right on that, we may see the trigger EITHER Monday OR Tuesday and the SELL EVERYTHING DAY THE NEXT DAY AND BUY PUTS!

Yeah, I hate it during EXPIRY week. The two times the sell signal occurred soon after the first week of the month, it was better to buy the NEXT month's puts.

Ought to be VERY interesting if it occurs Thursday OR Friday!

WAIT, WAIT, WAIT!

Timing will be EVERYTHING!

And I would like to see BOTH the trigger and another confirming indicators BEFORE selling the FARM!

<gggg>

Bill
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