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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 (13384)	1/21/1998 12:49:00 PM
From: Bull RidaH	Read Replies (1) \| Respond to of 94695

Hi Bill, Super call on your expectations for a reversal in Vix, and thx for posting the details on how you generate signals... The S-T Bull picture is definitely on hold for now, as Vix has exceeded 23.5 and the 5 day Trin, closing under 4.0 yesterday, are both flashing very clear warning signals of a 2-5 day correction. Plus, the Call to Put Ratio has flipped to 5 to 1 C's over P's...the prior few days had been the exact opposite. The bears certainly get a nice reprieve here... My 5 point trailer stopped me out on the open 979.50 on the sp8h, and I closed out s-t stock positions on the failed rally attempt @ 11:30a.m., looking to short the next rally after they reopen the futures... To all: May all your short positions bear fruit over the next few days, and consider my bear warning as longer term in nature. Good Trading... David