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


To: Haim R. Branisteanu who wrote (17840)5/3/1998 8:42:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Haim,

May 2 1998 Weekly=up Mon=f,Tu=f,W=f,Th=d
VIX=900 points down VGY=Sell
DJIA mom (377) =near peak
Gut feeling - Attempt to regain peak and failure Volatility=increasing Overall-flat to up

Evaluation:of last week's forecast: Weekly- okay Daily-25% right Gut feelings: did not expect the magnitude of the sell-off The trigger has come and gone and we are on a buy trigger with a sell-off possible.

Note: Yet another new indicator shows we maybe on a "SELL THE PEAKS" part of the curve before we go back to BTDs.

Bill