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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (35465)12/19/1998 3:52:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Haim,

In the Yahoo contest, my portfolio is up over 3% after a week...

The market itself is a mixed bag: sentiment indicators are mixed, VIX and VGY have bullish as well as bearish signals on them, options indicators are benign although put-call is low, mutual fund flows are very bearish, odd-lot short sales very bullish, and Market Watch is mixed in Barron's. However, the LNHNL indicator shows some concern that the market is getting mixed up internally and the SCY ratio is back down to 1.02 although it may continue to fall which is bullish until we get to the low .90s.

Watch out for the volatility!

Bill
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