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


To: robert b furman who wrote (55498)10/2/2001 3:31:53 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Bob,

Thanks for all that... but I really don't deserve that and here is why...

I think in using and focusing on SCYR I may have inadvertently mislead people into thinking the markets cannot go down further. All that indicator says, everything else being equal (and it never is) that the higher the SCYR, the greater the potential profit in equities.

Actually, there is a pretty good chance the markets may hit further lows... check 144 ema vs 200 sma on just about any index!

But I am in and have the believe we should put in a bottom around here somewhere... yes, I am usually early.

Thanks again,

Bill