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

To: James F. Hopkins who wrote (11465)	12/13/1997 7:57:00 AM
From: P.Prazeres	Read Replies (1) \| Respond to of 94695

James, a great post....you bring out one good point...maybe many funds have shorted against the box to show great year end numbers. If that is the case, the January effect could be spectacular since the unwinding of these shorts could mean alot of buying pressure. Paulo

To: James F. Hopkins who wrote (11465)	12/13/1997 9:07:00 AM
From: William H Huebl	Read Replies (4) \| Respond to of 94695

My Barron's based forecast Jim, Gad you got a lot to worry about... not me... I run a couple of scans and I select my puts/calls depending on perceived market direction... What a relief THAT is! And my Barron's based indicators help greatly: NOW FOR THE GREAT CAVEAT!!!! The LAST time my weekly indicators were wrong (that I published... remember, I was on vacation 2 weeks) was Oct EXPIRY! We are going into a 3x EXPIRY week, so watch out. - Barron's indicators are in synch... DOWN week. Again, it MAY be a bad down week! (There goes one of my pet theories... up week and then strong down into Christmas and post-Christmas season) - VIX signals AND Barron's signals ARE NOT IN SYNCH!!! Got a unified buy on VIX which means a 5% move up at least from here! But it wouldn't be the first time for a bounce test of the low. The out of synch situation frequently means volatility... and we certainly have a right to expect it in this coming week! So here is what I see for the week REMEMBER THE CAVEAT ABOVE: - Monday - strength in morning and lower by pm. - Tuesday - move up - weakly. - Down Wednesday and Thursday... maybe a retest of 7,800! (I must wait for IBD most actives before forecasting Friday) If this scenario is right, then we may have a STRONG Christmas week with weakness into the final week of the year. Ain't this FUN??? <gggggggggg> BWDIK? Bill