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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 (32666)10/29/1998 7:06:00 AM
From: donald sew  Read Replies (2) | Respond to of 94695
 
Bill,

Ihave the DOW in oversold and the NAZ in overbought. Too much of a divergence for me to feel comfortable to trade either side.

I get the feeling that we are developing another stairstep, keeping in mind that we are already 9 days in the 8300-8650 range.

seeya



To: William H Huebl who wrote (32666)10/29/1998 7:29:00 AM
From: Tom M  Read Replies (1) | Respond to of 94695
 
Bill, are you familiar with the Edwards and Magee book people have been mentioning, and if so, how does that compare IYO to The Visual Investor you mentioned for chart patterns.

thanks in advance,
Tom



To: William H Huebl who wrote (32666)10/29/1998 8:35:00 AM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Bill: This certainly is a time of mixed indicators for me. However, I think we are bottoming short-term.

I suspect the Market will run up again to extend this rally before any significant venture back down. Disclaimer: My indicators only portend direction.

Message 6203285

BWDIK
Regards,
LG


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