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

To: GROUND ZERO™ who wrote (12981)	1/10/1998 1:01:00 PM
From: Barbara Barry	Read Replies (1) \| Respond to of 94695

GZ, Would you mind explaining what an outside reversal week is? What on the chart are you looking at for such an event?TIA Regards, Barbara

To: GROUND ZERO™ who wrote (12981)	1/10/1998 2:59:00 PM
From: Greg Jung	Respond to of 94695

<< These market never accomodate the expectations and hope of the majority >> On that theme it should confound the technical analysis that extends beyond a few days. We were supposed to be rallying off a bottom and didn't. Expectations are, now lower. Maybe a few (hundred) points until tuesday but options will kick in to stabilize things through friday. If we will truly go down it would start in earnest monday or tuesday 18th/19th. Of course Intel earnings will dominate what happens to techs, for a few days anyway. Greg

To: GROUND ZERO™ who wrote (12981)	1/10/1998 3:01:00 PM
From: rag2rag	Read Replies (1) \| Respond to of 94695

GZ, Do you see the same formation for SPY ? I am not into TA, but am intrigued by your posts Thanx in advance, Regards

To: GROUND ZERO™ who wrote (12981)	1/10/1998 7:37:00 PM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

GZ, I am grasping at straws, also. The closest I can come to anything that will tell me when it is safe (REALLY safe... not just a week's move) to buy long is the correlation between A/D and DJ-30. When the correlation dips below .8, it is a sign it is all over (the move down is complete except for volatility). RIGHT NOW THE CORRELATION IS .91 AND RISING!!!! Woe is us! Bill