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


To: Hawk who wrote (14798)3/8/1998 4:21:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Hawk,

Barron's based forecast...

Mar 7 1998 Weekly=Down Mon=d,Tu=d,W=d,Th=d
VIX=800 points down VGY=Sell
DJIA mom (377) =near peak
Gut feeling - A little more upside before the fall this week Volatility=increasing Overall-not up

Evaluation:of last week's forecast:
Weekly-Wrong Daily-50% right
Gut feelings: right for the up part
Last week was the 8th week in 10 with a bad forecast. gut feelings right AGAIN

Hawk, the VIX charts I keep are giving out sell signals and a BinSUM (summary of binary indicators on many indicators and indices) chart is slowly keeling over. When, how fast and how far will the sell-off come and go? I think we will see much of that played out this coming week. HOWEVER, as many have pointed out and I agree, until the mutales (pigeon Spanish for mutual fund holders) hole up for a while, this will continue to be an Energizer market...

Bill