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Strategies & Market Trends : Waiting for the big Kahuna
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To: Vitas who wrote (28426)9/20/1998 3:54:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
VITA,

NOT EVEN CLOSE! The RMIs (144,89) have been excellent tracking and forecasting indicators both now and 1990. The 144 is about to cross 50% after being strongly up for over 2 weeks.

And the RMI patterns ARE NOT the same... this has been the worst sell-off in terms of indicators of any time period back to 1970 which is the earliest I have in my database.

Bill

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