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 (27514)	9/12/1998 10:11:00 AM
From: HairBall	Read Replies (2) of 94695

Bill: My very short term indicator gave buy signals early to mid week on many of the indices. However, the medium and longer trend indicators are still pointing down. This indicates bear rallies, for now! I would need to see a reversal of my medium and eventually my long term indicator to enter the market long! Also, note the Dow Industrial 200 day SMA has moved down two days in a row. A few more and a trend may be established! I believe Friday's rally was orchestrated! No doubt Clinton did not need anymore bad news. And besides, the Big Boys always enjoy picking the pockets of the small investor. Resumption of the down trend Monday or Tuesday? BWDIK Regards, LG

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