Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Skeet Shipman who wrote (51735)	5/16/2001 8:03:22 PM
From: William H Huebl	Respond to of 94695

Please, don't look to me for what to do? I have neither the credentials nor approval from the NYSE to do that. I just give my opinion, something my legal advisor told me I could do. As I told GZ, this is EXPIRY week and anything can happen. I have been waiting for a breakdown in various downtrend lines and an SCYR of over 1.5. But as I have said before, whenever SCYR is over 1.0, it means equities are a better investment than cash. If the economists I read are right, this may be the first market which goes up in the face of a recession... and that is another reason I am holding out for SCYR of 1.5 - BUT I CAN BE TOTALLY WRONG!!! AWDIK?

To: Skeet Shipman who wrote (51735)	5/16/2001 8:33:06 PM
From: William H Huebl	Respond to of 94695

Skeet, Now that I have had a chance to look at things, several important things have occurred: - violation of the inverted H&S could put DOW-30 up 1,000 points in a very short period of time; - FINALLY we have a broken downtrend line in the form of the SPY Acc/Dist; More later. Bill