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

To: bobby beara who wrote (19953)	6/7/1998 12:32:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Bobby, The triangle I drew shows 1125 as the upper bound and 1080 for the lower bound for the next 2-3 days. Anything outside those could be trend outbreaks (breakdowns) or traps... Bill

To: bobby beara who wrote (19953)	6/7/1998 3:23:00 PM
From: set	Read Replies (1) \| Respond to of 94695

yes - I get 1121 as the apex of the SPX triangle. I have the impression you're seeing it as a bullish picture. How so? to me it looks like doomsday, as we are approaching the cradle from below. on DJX the number is about 92. AXP is still within its triangle, so the two pictures could yet be sync. however if interest rates give the 'wrong' signal by going lower with the market, then it is a day to dread, as I believe these are the ingredients for a depression. on the subject of DJX failing to cross 93ish, what Jerry Favors had to say was, "I don't even want to think about it."