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Strategies & Market Trends : Waiting for the big Kahuna

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To: Robert J. Partridge who wrote (32371)10/25/1998 12:28:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
Robert,

EXCELLENT QUESTION. And it comes just after I have reviewed Barron's and done my due-diligence for the weekend.

Suddenly, this convert bull is having some second thoughts:

- BRKA does not like the way things are right now and as Jim taught me, how goes BRKA, so goes the markets;

- The bull to bear count in the Market Watch section is 7 to 3... kinda lopsided for a market just pulling out of a 20% + sell-off;

- We are on a pre-sell watch per VIX;

- My Utility vs Dow timer shows a major sell-off possible in early November;

I could go on further to other insecurities...

A really interesting indicator I am looking at involving the DOW Industrials and Transports as well as the Zwieg bread thrust says we will NOT go up on Monday... short term indicator!

BWDIK?

Bill
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