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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (16814)4/18/1998 7:31:00 PM
From: William H Huebl  Read Replies (3) of 94695
 
Haim,

Ok... here is Barron's based forecast:

Apr 18 1998 Weekly=up Mon=f,Tu=d,W=f,Th=f
VIX=900 points down VGY=Sell
DJIA mom (377) =near peak
Gut feeling - Very near peak
Volatility=increasing Overall-flat to up

Evaluation:of last week's forecast:
Weekly-thought we would see more weakness
Daily-75% right Gut feelings: right on
Still several strategic indicators approaching a "sell-everything" point

IT IS UNNERVING to watch indicator after indicator fall and go negative and still the markets hold up...

But with failing and falling indicator trends and indicators... "...won't be long now!"

Bill
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