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


To: Michael Rich who wrote (12807)1/8/1998 8:20:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 94695
 
Hi Mikey

Can you give me a general read on MF...?????

Whats hot!!! what's NOT!!!!

Scary Damn market isn't it!!!!??????

I have this crazy short term bullishness in the techs!!!!

But Mikey what the HELL do I know?????



To: Michael Rich who wrote (12807)1/9/1998 6:22:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Michael,

My forecast for the week was UP... and dailies were for DOWN... which usually signifies volatility and a go-nowhere market. We are on a VIX buy for today which means ultimately (usually within 2-4 weeks) a move up of 5% or more from here... we have had 5 such buy signals since mid-November 1997.

While overseas markets are tanking, it is useful to remember who started it! And in this case WE did. So if the numbers coming out this morning are benign, we have a real chance at a strong rally.

Bill