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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (42237)	7/21/1999 10:13:00 PM
From: bearshark	Respond to of 94695

Chip: I use that site also and the major indices site each day. It provides a great deal of information two ways. With the issues and the volume, I can see action that is more subtle than simply watching the Arms. Since I do not day-trade, this is all the information I need during the day. I went over my spreadsheets and charts tonight and they still say we will move up sharply. However, I will only wait for a couple of more days for the move up. If it does not come, I will close my positions without a second thought. Although the data I look at says we are going up, the data is not that much different from July 20, 1998. For that reason, I will not hesitate to load-up for a move in the other direction. I don't care which direction we finally travel, I just need 500 to 1,000 points for my positions to make me happy.