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

To: Joan Osland Graffius who wrote (12913)1/10/1998 6:34:00 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Joan,

Message 3138135

contains my thoughts on VIX.

And I, like you, need to do a mega amount of work this weekend to try to decipher what is going on! The simplest explanation is the one Jim gave... we are in a bear market! But my reaction is, NOT YET.... BWDIK?

Bill



To: Joan Osland Graffius who wrote (12913)1/10/1998 8:44:00 AM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Hi Joan:

Have you been partaking of the oil-service sector (OSX)? Take a look at the chart for OSX ($OSX) on dbc.com. Then check CDG which is following the bear pattern nicely. CDG started the week at about 50 and ended at about 38.. Sweet crude is dropping and so is the rig count. The oil service sector should have nice profits this quarter which may give it a chance to rally. Oil----mmmmmmmgood.


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