Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (35719)	12/28/1998 4:37:00 PM
From: William H Huebl	Read Replies (2) of 94695

GZ, Been working on some thoughts here: MARKET REVIEW: While there does seem to be some potential to get over 10,000, there are many factors which are of concern at least for an intermediate (1-3 months) basis: - LNHNL indicator is moving up over 50... some of these figures were 70-80 last week... always unsettling for the markets; - the SCY ratio is now positioned where it was in June... and some of the indicators on that ratio say it may be later than June in the scheme of things! - divergence betwee VGY and DOW is incredible... really a bummer; - my long term indicators show we are probably WITHIN 10% of a top... or at least that is what happened 5 other times since Jan 1995. All the caveats apply here! Bill

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