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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 (10240)11/23/1997 9:43:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Hi Arik,

I enjoy your posts SO much... lot of meat in them and stuff I can really get into (let me count the ways). Starting from the last:

Yup... I shipped about 25 emails with GE as a market surrogate to people interested in the changed rate as shown by your link... and this was back starting in February... so what is new???

I thought the mid 5000 was a good point for the DOW and an overreaction as low as 2,700 - where have I seen that number before??? (gggggg)

You and others have abandoned VIX as a forecaster. GREAT!!! I'll just go on forecasting with it. Last buy signal was Tuesday the 11th... if you had bought the low on Wednesday, you REALLY would have made out! We are at LEAST 10 trading days away from a sell, according to my calculations... now if SEA blows up in our faces, all bets are off... but VIX says NO (BWDIK).

I guess all we can agree to do is to disagree. This volatility surely isn't over with yet... need below 20 on VIX to signal mega move up... and that hasn't happened yet. So we are in a trading range until something happens and I believe mid or the end of Dec is that point...

Regards,

Bill