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

To: Jon Matz who wrote (12599)	1/2/1998 6:26:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

VGY, Jon, is the Value Line Geometric index... It is NOT new and I have mentioned it many times on this thread. It is number 15 and 16 on the momentum series on Market Gauges: marketgauge.com See for yourself. BUT IT IS RELATIVELY LONGER TERM IN NATURE... in fact, MG uses a 5% change model and a weekly MACD model... so when it changes, you are pretty darn sure it is bullish or bearish, depending which side it is on. VIX and my Barron's based forecasters are VERY SHORT TERM in nature... max 5 days! That is how you can get bullishness short term and bearishness on an intermediate to long term basis! Bill Your welcome