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


To: GROUND ZERO™ who wrote (42359)7/26/1999 7:23:00 AM
From: jjs_ynot  Read Replies (3) | Respond to of 94695
 
No bounces has an ominous tone.

My longer term (4 to 6 week) MACD indicators gave sells on every major index last week FWIW.



To: GROUND ZERO™ who wrote (42359)7/26/1999 10:57:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
GZ,

Just to take the contrary side... if no bounces then just about every indicator I have that is at their lows for the last 5 years have to go even lower. You may be right... if so, being short helps!

But I am inclined to think we need a sharp kick in the tail BEFORE the big one... how ELSE to fake out those dyed in the wool bulls?

Bill