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

To: Jerry Olson who wrote (12096)	12/21/1997 10:00:00 PM
From: William H Huebl	Respond to of 94695

Jer, I remember reading that newsletter - was late last year or early this year... but THAT was before the 55 job... if you read his comments today, he is VERY cautious even though he is bullish. I KNOW we probably hit bottom Friday... just as I expected. And I KNOW there is a good chance of one of those UP, UP and AWAY moves... but my indicators (the same ones Jim scoffs at) are saying "wait just a litlle bit longer." And with things down on Globex and some of the comments over the weekend by some fairly heavy duty guys at various big brokerage houses, I would want to get that selling out of the way if there is any. Bill

To: Jerry Olson who wrote (12096)	12/21/1997 11:05:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

DON'T DISPAIR, JER, The very best system I have, based on a half-hour computer comparison run against all my 75 systems I developed thus far gave a buy signal on the DOW for last Friday. A year ago, when it did the same thing for THAT move, it was a little early and the market went on to sell-off by another 200 points over the next week before heading north. (That may put us after Christmas, something I have said as recently as this past week!) This supports the contention I have that the market can go lower before turning around and then giving the heavy-duty rally I expect going into next year... BWDIK? Bill