Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Kip518 who wrote (28822)	9/24/1998 9:21:00 PM
From: William H Huebl	Read Replies (3) of 94695

K, LG and rest, Mutual fund flows increased to over 1.3 billion this week through today. Charting the 4 week MA shows these funds bottoming, at least for now. I have a strong buy signal based on my utility index volume indicator. And Zwieg Breadth Thrust is still showing much strength, despite the sell-off today. This is the WEAKEST of the 3 most recent sell-offs... and each and every time, we see the markets going to higher highs. Markets don't travel in straight lines and, based on recent volatility, I would think any move that kept going without the recent retracements we have seen would be suspect. UP, still UP. BTD??? Bill

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