Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (20958)	6/25/1998 7:33:00 AM
From: robert b furman	Read Replies (2) of 94695

Bill even stronger breakout on OEX. S&P 500 and OEX have MACD crossover -( f1 key-daily ) T2100 adv/decl line appears to have bottomed - also macd crossed over Same for % above 200 day ave Same for % 2 channel above 200 avg All of the above developing one or two days after vgy started leading All of the above occurring after the naz began this turnaround five days ago. Agreed we are hitting resistance but must note developing breadth and on a good volume day provides confirmation of end downtrend and resumption of the uptrend.(in short the rally lives thru immed.delivery) Needless to say my recent buy on the big dip really wants to add all these pluses.Do you see any warning indicators that are being blinded from my optimistic bias/need? As Always Appreciate your education Thanks Bob P.S. Watching INTC very closely as uptrend can be declared with violation of downtrend line in the 81 area.

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