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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (30422)10/6/1998 8:07:00 AM
From: robert b furman  Read Replies (1) of 94695
 
Hi Bill

Globex up 17.5 (Dow up 140 - using your 8 factor / point).
Lets hope GZ's support test theory is on the money.EWrs 3 0f 3 is equally scary in the other way.

Vgy is one of two indicators that broke to new lows intraday yesterday.(IBD mutual fund index is the other I saw).INDU COMPX RUT.X INX OEX all above 8/31 - 09/01 lows.

P.S. vgy 20 ma moving sideways 50 day only 40 points away.200 day ma like you say still moving down - bear lives with no reasonable buy signal?????

Do you have any new indicators this A.M.? :-)

Bob
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