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

To: Barbara Barry who wrote (30381)	10/6/1998 6:42:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

BB, Globex is up strongly right now - almost 100 DOW points. If we make it through 7,900, then 8,000 is a done deal... I would think about shorting in that area. Today, I will step aside to see what develops. MO puts are JUST too dangerous at this juncture... especially if it breaks out above 48 1/2. Zwieg is off doing it's own thing, inscrutable, as they say. My new (YOU know I always have a new indicator) indicators show we still have some downside... if you define a weak rally into the 8,000 area, looks like you got it! BTW, the "OLD" MACD gave a buy signal yesterday... one of those reverse wierdo buys!!! BWDIK? Chachacha. Bill