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

To: William JH who wrote (15401)	3/30/1998 5:39:00 PM
From: Tommaso	Respond to of 94695

This is not a reply to your question--I am posting to you because you are the only person who has posted all day, nearly. Though I must say the suggestion that the DJA puts may be hedging rather than bearish speculation seems reasonable--though I guess that's bearish in itself. In any case-- marketgauge.com The Marketguage ration of negatives to positives is now 13-6, and there are an awful lot--maybe 18--neutral indicators. I have not checked the ratio of specialist/public shorts for last week. Does anyone know it? If one more indicator had been negative than positive, I think I would have called it (14-5) close to an outright sell signal. But maybe that idea is skewed by my bearishness. Let's see. There are 37 indicators. Maybe having a margin of 18 of them (without worrying about the strength of the signal) negative would be really foolproof. Meantime, though, the trend of the indicators is certainly towards the negative.