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Strategies & Market Trends : Waiting for the big Kahuna

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To: Terry Whitman who wrote (36959)2/3/1999 7:42:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Terry,

For the utilities, a weekly or monthly chart may be more instructive than a daily one. I use the utilities as a very long term indicator (6 months out at least... that is VERY long term for me) and I use the volume response as a strong sell-off indicator. And finally, I use certain volume patterns as a buy/sell indicator.

We are currently on a buy as of yesterday and we have a strong sell-off coming the beginning of March.

BWDIK?

Bill

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