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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 (13158)1/14/1998 11:26:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 94695
 
Hi Bill

"Depend" on this indicator??? alone??? ah hmmm no, not me<g>..

I like it, because Bill, after these spikes the markets usually move in the other direction...Bernie is very keen on this indicator for the OEX...

What did the markets do after those dates??? pray tell???

Hey believe me I'm very bearish but think we could get an upside surprise...shorting into these rallies makes good sense...the worse is NOT over by a long shot IMO...the next 2 Q's will be soft for earnings, but wonderful for interest rates...

Just keeps us within a range...might be a little boring????<g>..

of course these 200-300 point moves makes trading the OEX a lot of fun...

See Ya my friend...