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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (17139)4/23/1998 7:55:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Bill, we may be watching different sentiment indicators. The one I am watching was quite accurate until this spring. Lately it is very volatile and needless to say inaccurate.

As a result I failed to go short today even that I had all the intentions to do so.

I can only speculate that many market participants are in same situation which will translate into a market downdraft.

Hedging aproaches are to popular therefore the short interest on the NYSE or NASDQ are not as helpful as it was in the past.

So will see how it pans out.

Haim
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