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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21090)6/29/1998 8:44:00 PM
From: bobby beara  Read Replies (1) of 94695
 
Hi Bill, I think we are approaching a top soon also. The inverted H&S on the OEX is pointing to the 568-576 area and we it 560 intraday today.

I would watch the RUT over the next couple of days to see if small caps confirm this rally. If not and if the McOscillator turns back to negative - beara rules.

Compare this volume indicator to where it was when we broke to new highs in late Jan/early Feb.

decisionpoint.com

bwdik,
bb

Intel came up with some hype news on a new processor and the stock still sold off.
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