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Strategies & Market Trends : Waiting for the big Kahuna
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To: Haim R. Branisteanu who wrote (34095)11/21/1998 11:23:00 AM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Any comments on XAU and DJU forming an triangle and DJT forming a "wedge" with A/D divergence and Russell going sideways??

Also the VIX hit low levels and it smells a sharp downturn with substantial late tax selling and profit taking for the Xmas season.

(remember there are negative savings inflows - e.g. for expenses relating to presents you tap your friendly Mutual Fund)

I also speculate that finally some new and unpleasant truth relating various financial dealings will come out of the congressional hearings.

BWDIK

Haim
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