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

To: Joss who wrote (21300)	7/6/1998 9:56:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Steve, Like a chameleon, I change with the last environment... so you gotta keep up! <gggg> I have been both positive and negative over the past several weeks but I believe we will end up with a BK DOWN within 2 weeks! I HAD thought we were somewhere in Sept 98 but a signal Thursday and Friday last week from Vol ROC on utilities was a 2 week sell signal that has happened with each and every major sell-off since 1994. (CAREFUL! THIS MAY NOT MEAN A DURN THING!!!) So I expected a move up, a move back down, a stronger move up and then the BK. But it looks like either the first move up was a "micro-mini" move or the sequence of moves up is reversed... which might make sense. Note: the ROC level is not as great as previous so it may not be as great a sell-off, if any. AND IF ANYTHING CHANGES, I WILL CHANGE MY EXPECTATIO?NS!!!! That is the only way to survive as a trader, I am convinced. Thanks for asking! Bill PS Remember you are corresponding with the SAME GUY who went out and bought BA puts the day before BA took off and climbed almost 20% Oooooops. So it COULD be a BK upward... if I have anything to do with it.