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

To: Investor2 who wrote (22996)	8/2/1998 9:41:00 AM
From: HairBall	Read Replies (1) \| Respond to of 94695

Investor2: I am not predicting either a BK or buying op. My indicators are simply trend following indicators. They started looking bad several weeks ago. I just try to be on the right side of the market. When we get to the bottom. I hope my indicators, treat me as well as they did after the 1987 correction. If the bottom is a dramatic bounce with a very sharp move up, I'll most likely get back in at a breakeven point or at worst leave a few dollars on the table. (Safety of principle comes first!) The Dow Utilities gave a sell signal on 7/13. The Dow Transports gave a sell signal on 7/21. The Russell 2000 gave a sell signal on 7/22. And, the Dow Composite gave a sell signal on 7/23. I went to cash 100% on Friday 7/24! No ifs ands or buts! I recommended to my family to go to cash over the same weekend. I am now only day trading! Shorting has been good to me! Now I am just a watching and a waiting! Regards, LG