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Strategies & Market Trends : The Stock Market Bubble

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To: Tommaso who wrote (2195)10/21/1998 7:22:00 PM
From: epicure  Read Replies (1) of 3339
 
my forward looking indicator JUST changed last night the DJ is now a sell for me-I went into puts a little early (yesterday) but added more today
and I took a look at a bunch of other indexes- many of the foreign indexes are on sells (but not Japan and Mexico) The utilities is a buy- just became one yesterday for me-so that confirms the DJ sell signal since they move in opposition. Same with the XAU- turning to a buy- so everything is in place for a move down. Now all that remains to be seen is 1) if it happens (I am not going to count that itty bitty move down yesterday) and 2) how big it is.
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