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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 (21237)	7/2/1998 11:00:00 PM
From: Vitas	Read Replies (1) \| Respond to of 94695

Bill, as someone I perceive to be a technical type of guy, why are you looking at funnymentals? Anyway, take another look at Message 4588737 and the "200 day McClellan summation index cycle" again. There are aberrations this time, in that it is beyond 200 days that the bottom occurred, and other things, but the upside explosions are clearly a risk to the short side. Vitas

To: William H Huebl who wrote (21237)	7/3/1998 8:54:00 AM
From: donald sew	Read Replies (1) \| Respond to of 94695

Bill, Hi again, the market should continue its dipping process it started on Friday. For the time being still feel that we are in trading range. For those indexes which set high highs the range just shifted upwards somewhat. If the DOW continues down next week then that would indicate a LOWER HIGH since the DOW did not break 9070 (previous peak) to the upside. For the time being I see the DOW retracing to 8750, and that would produce a HIGHER LOW. But I do not see a huge runup for next week. And there are still technical hints of LOWER LOWS, although their probability has been reduced. Seeya