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

To: William H Huebl who wrote (50125)	2/7/2001 4:03:28 PM
From: Mark Adams	Read Replies (2) \| Respond to of 94695

ECRI turns up, but still at -1%. businesscycle.com A leading indicator?

To: William H Huebl who wrote (50125)	2/7/2001 6:39:49 PM
From: Skeet Shipman	Read Replies (2) \| Respond to of 94695

Bill, The DOW appears to be continuing its sideways pattern. The Nasdaq almost reached my major bottom reversal point of approximately 2528. I'll have to recompute the reversal to get a range. Today could have been the low but it is unlikely. The high on the VIX was only 25.04. Yes, there was capitulation in the high PE techs. Yet, there were buyers into the close. Someday no one will want to touch them going into the close that will be the bottom. Skeet