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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 (22976)8/1/1998 6:24:00 PM
From: HairBall  Read Replies (3) | Respond to of 94695
 
William: Please note and add this to your vast chasm of technical indicators:

Sometimes the old standbys count!

Dow Transports: 200 day SMA rolled over and started down on Friday 7/31

Russell 2000: 200 day SMA rolled over and started down on Tuesday 7/21.

May need a little more follow through of the Dow Transport's 200 day SMA down tick, to establish its trend. Russell 2000's 200 day SMA has already established its trend.

Last time either index did this was early 1994!

Nuff said!

Regards,
LG



To: William H Huebl who wrote (22976)8/1/1998 7:07:00 PM
From: set  Read Replies (1) | Respond to of 94695
 
> See my post on the advisors (talk about we???)

saw that. I also see a lot of traders around here, including
myself, holding much cash. But ignoring all that, which I
usually do, it's just not all that hard to find stocks that
look peaky, and which are not all that likely to participate
in a rally if there is one. Maybe BK won't come along until
enough of those are already well on their way down.

Shahar


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