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


To: Ross McEathron who wrote (28007)9/16/1998
From: Brad Bolen  Respond to of 94695
 
All,

The Bolen GUT oscillator says something is still very wrong with this market. Today was a stinker....No euphoria in either direction, which showed me the real sentiment in the market:

Banks were up on hopes of Brazil bail (where will they get the funds), and the bounce from the trounce.

Small stocks sat there like the dead in bed. Little volume, no interest.

Even the mighty Dell barely moved.

Internut stocks leaked down in spite of the numerous buy ratings coming out.

The Bolen GUT oscillator--the most controversial indicator available on the market (and its cheap, too) says it ain't over yet.

Bye Bye.

B.



To: Ross McEathron who wrote (28007)9/16/1998 5:54:00 AM
From: William H Huebl  Respond to of 94695
 
Ross,

With that thing jumpin all over the place (VIX and not Clinton), I use an indicator to sort out the volatily of the volatility! The interesting thing about this indicator is that it usually tracks what the DOW is doing even though it is based on VIX. Since early August it has been moving up smartly and diverges significantly with DOW. That is the basis for my WAG on an explosive move to the upside. That and the contained moves above this resistance level!

BWDIK?

Bill