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

To: Skeet Shipman who wrote (53757)8/6/2001 5:59:28 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Depends on time period....

1 minute chart - 6 negative
5 minute chart - net even
30 minute chart - net 4 negative
daily chart - 6 positive

My short-term composite indicator went from +3 to -1 today.
And my new indicator is bullish.

What this probably means is that the pullback today represents most of the directional component for the week and we can look for volatility for the rest of the week... possibly ending the week only slightly down.

BWDIK???



To: Skeet Shipman who wrote (53757)8/7/2001 8:51:44 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Well, I was wrong in my estimate of productivity. The government exceeded my ability to divide negative manufacturing output growth by the number of workers and come up with a positive productivity growth rate. Gee no wonder it takes PhDs. to interpret this information. No one knows how to compute this stuff anyway.


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