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

To: William H Huebl who wrote (12301)12/26/1997 12:30:00 PM
From: W. Clinton Terry  Read Replies (2) | Respond to of 94695
 
Bill:

Thanks for your post. When picking my son up at the airport, I bought a copy of Barrons. I wanted to see where you were getting your information about the market for the upcoming week. I did not find anything that appeared to be what you were using. The closest I found was the CBOE VIX Index which looked at the previous week - so it was backward rather than forward looking. Would you please point me to the section of Barrons you use, so that I might explore it too. Thanks.

Clinton



To: William H Huebl who wrote (12301)12/26/1997 2:35:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 94695
 
Bill,

For what it's worth, the NAZ is forming a bullish reversal pennant pattern as part of the coil selloff.

The coil selloff completed its measured move. Todays reversal and the new formation should be regarded as its warning that prices may, in fact, turn higher once again. I believe the DOW had an inside day. This also seems positive.

techstocks.com

Don't eat too much this weekend.

GZ


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