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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 (22482)7/27/1998 9:37:00 PM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
A double top or new highs is a possiblity, but we have to get thru 1166 first. Today was a fibonacci low day, a 55 day cluster around the 6/1 and 6/4 lows.

The next fibo day is 8/4 which correspondes to the 6/10 high, if we got that far a double top or new highs would seem likely.

It is very interesting you could draw a line off the 1/12 low and the 6/1 low on the Nasdaq and thats where we bottomed today.

Will our Marke Twain history repeat itself and give us another top in the first week of August. stay tuned to the same bat channel at the same bat time.

bb



To: William H Huebl who wrote (22482)7/27/1998 11:23:00 PM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
Bill notice how time segmented volume is above the neutral line as is stochastics ,as is the little white dots.

All references made using F2 key and daily.

Vix is showing subtle strength

Vgy is really close to turnaround which today looks like 447 support

MACD must turn sideways for meaningful reversal -and then vgy could consolidate for 3 weeks and hold on .

Just my little We've got a tiger by the tail scenario

Bob


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