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Strategies & Market Trends : Waiting for the big Kahuna

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To: Vitas who wrote (36161)1/7/1999 8:53:00 PM
From: bobby beara  Read Replies (1) of 94695
 
Vitas, from my draw we haven't quite touched the downtrendline yet.

This might be quite deceptive as the RUT and the TRANS break out, but not on convincing a/d.

We had a decent reversal on the McOscillator today - a go into neg territory soon will set up a lower high in the Summation with a higher high in the indexes.

Remember the WARNING SHOT - Washout low! you brought to my attention?

It would fit right in that the -184 low in the Oscillator was the Warning shot.

We really haven't made a complex bottom in the Oscillator to make a set-up for Dow 10 or 11,000.

InterNUTZ parabola should top out tomorrow or Monday.

bb
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