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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 (32354)10/25/1998 11:37:00 AM
From: Joseph G.  Read Replies (1) | Respond to of 94695
 
<<That is why some of us download daily... to apply our own indicators to the data!>>

Does the application pay for the download charge?



To: William H Huebl who wrote (32354)10/26/1998 1:39:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
I sure apply my own indicators to the data. Mainly longer run Bollinger Bands and a regression based method. Things look good short-term using those indicators too. I see the SP500 index consolidating for a day or two and then heading up. Whether this is a new bull market (as in 1990) or a soar and crash scenario I don't know but those are my main two hypotheses. The third is that it is a continuation of the April-June trading range. I think the first two are much more likely however. I don't see it just heading down from here.

That "canned indicator" supports the Bull market hypothesis.

David