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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (30381)10/6/1998 6:42:00 AM
From: William H Huebl  Read Replies (1) of 94695
 
BB,

Globex is up strongly right now - almost 100 DOW points.

If we make it through 7,900, then 8,000 is a done deal... I would think about shorting in that area.

Today, I will step aside to see what develops. MO puts are JUST too dangerous at this juncture... especially if it breaks out above 48 1/2.

Zwieg is off doing it's own thing, inscrutable, as they say.

My new (YOU know I always have a new indicator) indicators show we still have some downside... if you define a weak rally into the 8,000 area, looks like you got it!

BTW, the "OLD" MACD gave a buy signal yesterday... one of those reverse wierdo buys!!!

BWDIK?

Chachacha.

Bill

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