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


To: bearshark who wrote (11911)12/19/1997 4:11:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
You know Bearshark,

A month ago I was posting my forecasts for December saying there would be weakness through mid-month... and interestingly enough, my VIX indicator gave a partial SELL signal... which is usually no big deal.

What IS a big deal is that the market was down over 250 DOW points and yet the VIX only peaked at 35.

I was expecting over 40... which would have shown MUCH more fear!

This market is NOT acting like I expect it to... but IT is right, not I. So I am beginning NOT to trust my scenario for 1998... the bear MAY come sooner rather than later.

BWDIK?

Bill



To: bearshark who wrote (11911)12/19/1997 7:06:00 PM
From: Defrocked  Read Replies (1) | Respond to of 94695
 
bearshark, just some of my observations from Mohan Thread.
In particular, I find the yield curve flattening disturbing.

Message 3011194

Have a good weekend all.



To: bearshark who wrote (11911)12/19/1997 7:07:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Bearshark,

After briefly reviewing my charts tonite, looks like we will see 7,400 before we will see 8,400!

More tomorrow.

Bill