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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (19068)5/26/1998 7:39:00 AM
From: Vitas  Read Replies (1) of 94695
 
Bill, the key here is the combination of the approximate 200 day
cycle and, more importantly, the fact that the summation index
has come all the way down to near zero, the bottom of the neutral zone.

The bottom in the New York Composite, so far, was 4-27-98, which
is 196 days after July 17th. The a-d line made a new low Friday,
which is 215 days. The summation index is at 259; compare that figure to previous bottoms.

Vitas
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