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


To: GROUND ZERO™ who wrote (11920)12/19/1997 8:19:00 PM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Hi GZ:

I watched the indices today. I paid close attention as the DJI went down 270. It reminded me of the day that the "circuit breakers" went off. It looked like a selling climax. However, to mean something, I think 7550 would have to be tested again. (It certainly held nicely the first time.) If it held then, I think we will have accumulated some buying power. At least I hope it is enough to get us to January.

The internals look weak here though.



To: GROUND ZERO™ who wrote (11920)12/19/1997 10:33:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
GZ,

Consider this as a permanent request posted for any and all of your opinions, ideas, suggestions and what have you any and every time you have any...

And that goes for everyone reading these threads... PLEASE, DON'T BE BASHFUL ABOUT POSTING HERE.

GZ, I won't believe it is over until I get another buy signal... not that my VIX indicators REQUIRE one, but there usually IS one after this kind of sell-off.

For example, the signal I got today was very similar to one that occurred on Oct 17th leading up to the really bad sell-off the 27th. The buy signal didn't occur until the 11th of November.

Do what you will, but remember, I warned you!

Bill