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Strategies & Market Trends : Waiting for the big Kahuna

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To: ViperChick Secret Agent 006.9 who wrote (17197)4/25/1998 8:41:00 AM
From: William H Huebl  Read Replies (1) of 94695
 
Lisa,

Barron's based forecast to follow...

The 5 day cumulative of MANY indicators works fairly well... tends to smooth out day-to-day inconsistencies.

Apr 25 1998 Weekly=up Mon=f,Tu=d,W=f,Th=f
VIX=900 points down VGY=Sell
DJIA mom (377) =near peak
Gut feeling - Attempt to regain peak and failure Volatility=increasing Overall-flat to up

Evaluation:of last week's forecast:
Weekly-lost around 1% when expected up-move
Daily-75% right
Gut feelings: right on

Still several strategic indicators approaching a "sell-everything" point, but no "TRIGGER" yet

Take care and good luck trading this week.

Bill
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