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

To: William H Huebl who wrote (20064)6/11/1998 10:45:00 AM
From: Barbara Barry  Read Replies (3) | Respond to of 94695
 
Bill,
I sure hope today isn't a repeat of Oct 23!?I didn't buy puts yesterday.:( Remember I said it would really get me if a serious correction occured during expiry week.Whoever said (Bonnie?) that we have been in a correction for a while has been right when you look beyond the some of the major indexes.But not enough to put in a bottom yet.IMHO.That $7B that went in Friday?Where's that site please?
TIA
Regards,
Barbara



To: William H Huebl who wrote (20064)6/11/1998 10:48:00 AM
From: Kip518  Read Replies (2) | Respond to of 94695
 
Why is this thread so quiet today? Market's slipping and nobody cares?

Will DJIA 8750 hold this time?



To: William H Huebl who wrote (20064)6/11/1998 8:52:00 PM
From: Nancy  Read Replies (1) | Respond to of 94695
 
Bill,

I know that - Cabot's 2-second indicator actually uses 40 new low for a consecutive 5 days being the red flag.

But the divergence between new high & new low in comparison with market price new high & new low also counts. There are historical examples & how to interpret such data in a book written by the famous chartist Justin Mamis (spelling) - hard to find book though, even thru AMZN. :)


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