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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 (70399)2/23/2005 5:17:53 PM
From: blitzfund  Read Replies (1) | Respond to of 94695
 
Thanks Bill.....

I think we have another simple indicator(daily MACD)turning down on the DOW, which a lot of people have been trained to follow.

bigcharts.marketwatch.com

IMHO, I still think in order to have a good setup for the next Da Big Kahuna (wave down) we need a couple weeks of sideways distibution to keep the hope alive, while positions are sold off. BWDIK

Blitz