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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 (13024)1/10/1998 11:37:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Hi Bill; Well your VIX is calling for a bounce. and I have other
things also that say it should bounce. It's like on the boat
when I have the current going one way, and the wind going
just the opposite, which one will prevail the most is sometimes
hard to call. Right now I think the South wind is going to
have more effect than the North current.
My new inside out look at the DOW is just that new, I know what
I expect it to show me..but like with new rigging..it has to be
watched for a while.
I may post the expectations more as a matter of getting them on
record, but won't suggest any one should even think about placing
bets on them or using them to confirm what they already belive,
it's a wait and see thingy, and at best it will only give an
idea of general time a trend should reverse.
It boils down to keeping a better eye on the MEGA CAPS, and
seeing about how much the tail wags the dog. Sort of which
stocks inside the dow are moving the index the most, and
should they be ?
---------------
Sure is a lot of work, and right now it don't look like the
tail wagging the dog, in fact the dog looks kinda mad.
Jim



To: William H Huebl who wrote (13024)1/11/1998 12:27:00 AM
From: Chris  Read Replies (1) | Respond to of 94695
 
MARKET CHARTS:

charts updated:

geocities.com

best wishes william,

Chris



To: William H Huebl who wrote (13024)1/11/1998 3:48:00 AM
From: kas1  Read Replies (2) | Respond to of 94695
 
Bill, sort of off-topic:

Since 1929, at the close of Dec 24 trading NYSE traders get together and sing an optimistic holiday song on the exchange floor. It's the same song every year. What song is it? Been desperately racking my brain and looking on altavista and www.nyse.com for the answer. Thanks to anyone who may know.