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

To: Arik T.G. who wrote (8560)	10/30/1997 6:45:00 AM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

Hi Arik, Probabilites are not much help today.... showing a 500 point move UP!!!! My Barron's forecast, DOWN 55. Where does that leave us? Anywhere you want it to be... I do notice the 5 min VIX plot is over 30 and on the increase as what happened leading to Monday's sell-off... but it doesn't show the exponential change upward that lead to the Monday sell-off. So I would say we have a bigger chance of an early test of the lows with a move UP today... BWDIK???? Bill PS Your scenario computes but I am not yet convinced we are dealing with a crash rather than a long overdue pullback...