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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 (27970)9/15/1998 7:57:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
Hi Bill ..

Last couple of days have done some nice support work for the 200 SMA of the S&P .. now northbound past the end of my simple projection charts.

Market has worked out nice for me. Sunday night put in an order to take the 401k from 100% cash to 100% bonds. The way this thing is set up the order takes two day to complete. So far the market has complied nicely. With the inverse relationship between stocks and bonds, I got in on a nice little dip.

Witching unwinding is the only thing that makes sense to me. Posted to James in a PM that I expected this market to top out today... So far so good.

I think that the push has been to get prices up to avoid paying out on a bunch of puts that are out there. In addition I figure that the effort will wear out early. In other words, a miss of the target .. to many resources used up to early in the fight to bring the market up.

Should know by close tomorrow if this is the way it plays out.

Gersh



To: William H Huebl who wrote (27970)9/15/1998 8:03:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
Hi Bill, I think you need to check with the webbmistress. Someone else is posting here using your name. Trying to figure out which one is the REAL ONE. Will the REAL WILLIAM H. HUEB please stand up. :-))

To: Philipp (27916 )
From: William H Hueb Tuesday, Sep 15 1998 6:20PM ET
Reply # of 27972
Phil,
Believe it or not, I am concerned about the possibility of an EXPLOSIVE MOVE UP. Yes, that is right, UP!!!
Why? Well one of the indicators I keep on the VIX is tracking in a fairly strong trend unlike the DOW. That may mean we will have one heck of a move up to compensate. Just a theory and it may sound crazy... but I predicted a 5% move up this week last Saturday and again on Sunday and we are already 3% to the good.
BWDIK?
Bill

To: GROUND ZERO (27935 )
From: William H Hueb Tuesday, Sep 15 1998 6:27PM ET
Reply # of 27972
GZ and Paulo... I am waiting for a strong buy signal before I do anything one way or another...
Right now we are in a bear rally.
Bill

To: LG (27968 )
From: William H Hueb Tuesday, Sep 15 1998 7:39PM ET
Reply # of 27973
LG,
Actually, I have a couple of buy signals... but not the right ones... would like to see it get through resistance before I commit myself.
Bill

Monty







To: William H Huebl who wrote (27970)9/15/1998 8:39:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Bill: I am experiencing the same thing! I have four indicators I use.

A) Very short term. (Alerts Only)
B) Short to medium term. (Buy & Sell Signal)
C) Medium to long term. (Buy & Sell Signal)
D) Long term. (Confirmation Only)

A has alerted on several of the indices. And B is getting close! However when B gives a buy during a C sell signal, that indicates a bear rally. Of course, if the rally continues and C confirms I will go long!

The Dow Utilities have already received a B buy with C downward momentum slowing!

This move down needs to resume and soon! I suspect it will!

Message 5757801

BWDK
Regards,
LG