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

To: Judy who wrote (11223)	12/10/1997 6:22:00 PM
From: William H Huebl	Respond to of 94695

I'll check and get back in a while, Judy, Bill

To: Judy who wrote (11223)	12/10/1997 9:13:00 PM
From: William H Huebl	Respond to of 94695

Judy, There was no VIX buy today... normally the turnaround process takes 2-3 days so we MAY get our first buy signal tomorrow. It is normally the day of the 2nd buy that is best to buy at the close UNLESS that day is up... then frequently the best buy is the following day's close! Looks like LU stalled in a trading range between low 80s and high 70s. My best guess is that we should have an upside breakout next week... Bounded by the 144 TSMA on the upside and 200 SMA on the downside, LU is in what I call "no man's land." An indicator I occasionally check involving "Unprecedented volume" is negative on LU and we are 2 days into a 4-5 day sell-off. A retest of 75 may be necessary before the move up starts! And if the pattern is the same as last December, we could see a low of 72 before the move up begins... CSCO, bullish as it is, could still drop as low as 70. Since I have it under several sell signals, you may want to wait before getting into this one. BWDIK? Bill (Don't have last one in database)