Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Haim R. Branisteanu who wrote (13743)	2/2/1998 6:23:00 AM
From: William H Huebl	Respond to of 94695

Haim... GREAT to have you back!!! MACD on A/D and VGY shows the markets TRYING to break through to the upside and we have a VERY critical test soon... if we break below 7,300, we will have broken a trend that started back in 1994. But the pennant formation is usually broken in the direction of the long term trend so you are probably right! However, my VIX indicator says a 5% down (at least) BEFORE any move up... and that 5% would put us back down at around 7,600 on the DOW. Bill