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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 (32718)	10/29/1998 6:16:00 PM
From: donald sew	Read Replies (2) \| Respond to of 94695

Bill, The NAZ is actually a CLASS 2 SELL, meaning that it is near the TOP, but could go up only slightly. The way the signal works is for the buy-in point at the high of the next day. Thats how my system works and I have stated that several times in the past. On the other hand, if the signal goes off, it could also immediately selloff, but it is much more common for it to sell off the next day. Since it is CLASS 2, it could also move up the next day and become a class 1, then the selloff should start the next day. I also have my intraday signals to try to identify the highs and lows. I dont think the NAZ will sell off until the DOW catches up a bit more, which could delay a dip to start to Monday. Thats that divergence issue I was talking about previously. Seeya