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Strategies & Market Trends : Waiting for the big Kahuna
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To: Philipp who wrote (26161)9/2/1998 7:34:00 AM
From: William H Huebl  Read Replies (3) of 94695
 
Philipp,

Globex is slightly negative right now...

The Fib numbers - 1,2,3,5,8,13 etc represent cycle days... if you look at past, you will see them time after time in the up and down moves of the market. And the cycles have been tending toward 5 recently. So while this doesn't always work, you COULD expect the next "low" next Tuesday.

Now Globex is up.

(I have a utility which monitors Globex and tells me when prices change even when I am in another window working.)

So it is a crap shoot for the open at this time.

Bill
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