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

To: Barbara Barry who wrote (22901)	8/2/1998 8:14:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

BB, Tried to respond to this earlier but my PC went south for the moment. ASND is probably a good buy... but I guess the LU takeover plans are off now and THAT is what is driving it down??? Been working with a 3 person crew to clean up my basement... looked like the dungeons of old... they have taken out 90% of what was in there and taken it to the dump! Well, if you haven't used it in 15 years... <gggg> The mutual funds flows are not good... it looks like people are believing what we are saying even though we may well be wrong (either direction). The interesting thing is the market broke out of the consolidation to the upside then turned around and did it to the downside... that smacks of a broadening formation which isn't good either! (The hardest formation to play is the broadening formation because it gives all the wrong signals from a TA standpoint... probably why you are having such a problem deciding which way this market will go!) Bill PS Looking for a chart to send you