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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 (27295)	9/10/1998 9:23:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 94695

Bill Re slope of the 200day line. I currently have 1061.82 as the simple 200 trading day average. If the S&P were to remain the exactly the same for the next couple of weeks the slope of the line would turn south on 9/22. If we average down at the same rate as either the 20day or 50 day (calender days that is) the slope turns south on 9/16. If we were to drop 30 points tomorrow we would have a negative slope at the end of the day. We are much closer than you would think just by looking at the line. BTW this AM when I made the post that you responded to I was expecting a much stronger reaction to the Starr report than we got. Gersh