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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (23699)8/8/1998 7:53:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Monty,

UNLESS we have a strong sell-off Monday, the signal line will get crossed then. Now this may blow your mind... but that is actually a very short term SELL signal. Yeah, I know it sounds absurd, but if you look back when the signal line is BELOW zero, buy signals become sell signals and vice versus. But only very short term...

VIX MACD looks much like Oct 31st... the next trading day we had a several hundred point move up! That would give us our short term sell signal and then a pullback which would be expected!

We'll see.

Bill
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