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Strategies & Market Trends : Waiting for the big Kahuna

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To: Daniel Ray who wrote (22343)7/26/1998 7:39:00 AM
From: William H Huebl  Read Replies (2) of 94695
 
Daniel Ray,

Yes, the bull is dead. No ifs, ands or buts! Now the bears can come out of their caves and do their best and will, I suppose.

I really enjoyed your post... thanks for sharing all that with us.

To play along with your theory that FA events define the market... to what level does that go? Hindsight is always 20-20 and should we enter an extremely bad bear market and there is no "defining event" I guess we could say SEA or Clinton-gate (he has been called before the Grand Jury now, as I understand it) caused it.

But what I do know is that VGY is underneath the 17 wma, the 144 tsma and the 200 sma and they are all headed DOWN.

Bill
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