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

To: ratan lal who wrote (16167)4/13/1998 10:38:00 AM
From: Barbara Barry  Read Replies (1) | Respond to of 94695
 
Ratan,
Don't think you can't get May puts...I am watching them.But what on your charts is so negative at the moment???Mine don't say a BK yet?
Regards,
Barbara



To: ratan lal who wrote (16167)4/13/1998 10:50:00 AM
From: Tommaso  Read Replies (2) | Respond to of 94695
 
There is definitely no confirmation of any major market break, using the Marketgauge indicators, which are almost dead neutral.

I am inclined to think that the market might be down by several hundred Dow points --or more-- before enough of those 37 measures went negative to tell anything. But if we ever do get to where there is a net negative reading of 18 or more, it will probably be two years before the ensuing bear market ends.


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