Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (32354)	10/26/1998 1:39:00 AM
From: Moominoid	Read Replies (1) of 94695

I sure apply my own indicators to the data. Mainly longer run Bollinger Bands and a regression based method. Things look good short-term using those indicators too. I see the SP500 index consolidating for a day or two and then heading up. Whether this is a new bull market (as in 1990) or a soar and crash scenario I don't know but those are my main two hypotheses. The third is that it is a continuation of the April-June trading range. I think the first two are much more likely however. I don't see it just heading down from here. That "canned indicator" supports the Bull market hypothesis. David

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