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


To: Real Man who wrote (62464)1/25/2003 2:17:29 PM
From: William H Huebl  Respond to of 94695
 
We have built ourselves two H&Ss... this one that is 4 months old:

stockcharts.com[w,a]daclynay[db][pb34!c17][iUl4!Lj[$bpnya]]&pref=G

And this inverted one that is almost 7 months old:

stockcharts.com[w,a]waclyyay[de][pc144!b200!d20,2!h.02,.20!b10!c7][vc60][iUya17,44,99!Ld99!Lf17!Lm99,17!Lb99!Lh99,17,17!Lk99,17!Lg17]&pref=G

The question on everyone's mind is how can we statisfy BOTH? Well that could happen with a sell-off to the high 7,000s and then a panic dip and return to that level with a move back through the 9,300 level. Then, Katie bar the door!

Interestingly, my Barron's based indicators show this may well be a POSITIVE week. Sentiment is right down there with nearly a 2x1 bears to bulls ratio. The odd-lot shorts are strongly up.

Regardless of how strong the move down will be, things are already in place for a big move up from here... 2,000 or more DOW points!

After selling out of LMNVX at the end of November, I plan to be in it when that move starts!