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


To: Tom M who wrote (44633)11/19/1999 7:58:00 PM
From: William H Huebl  Respond to of 94695
 
Tom,

Since we last communicated, out of sheer frustration I developed a composite indicator built from 5 index/indicators with a total of 23 sub-indicators/Experts as input into this model. Unfortunately, since I have to keep this manually, it only goes back to June. But it has given "perfect" signals in which there have been at least 100 DOW point moves and as much as 800 point moves between signals. I bought puts on the last bear signal, but failed, out of greed, to cash them in and buy calls when the call came. Thusly, instead of making $$ or retaining part of my investment in them, I lost that today. Otherwise, I would have gained at least 500 points on the call side to expiration today.

The reason I am telling you this is I am planning on following this indicator no matter what since there seems to be no rhyme nor reason to what this market does but it DOES seem to be forecastable based on this indicator.

So pass the Bud while I click on "SELL." Well at least for today!

Best regards,

Bill