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

To: robert b furman who wrote (30563)	10/7/1998 6:57:00 AM
From: William H Huebl	Respond to of 94695

Bob, THE most important index to ME is VGY... and it has broken support levels. WARNING: this is a VERY dangerous market... while I believe we have bottomed, not all the evidence is in yet. We HAVE the makings, still, of an explosive rally to the upside... BUT: - my indicators say we have more work on the downside, - mutual fund flows, while bottoming thus far, are the biggy if everyone tries to pull the plug at once. So far we have not seen any evidence of this other than the jackals getting out, - ANY move can turn on a dime in these conditions. Unless you are investing for the long term (in which case I believe IMHO you should be in long) OR have found the Holy Grail of indicators for short term trading, be VERY careful... the $$$ you save can be your own. But I could change my mind on all of this 10 minutes from now. And as many of you know, I frequently do! Bill