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


To: Barbara Barry who wrote (34139)11/22/1998 11:44:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
<<The same people who were calling me two months ago feeling sick and scared are now pleased and saying "from now on I am going to buy and hold".No outside bad news bothers anyone,it seems.>>>

Those comments ar the most dangerous for the longer term, (6 months to one year)and an issue I commented on a lot on this tread and that is why I start to belive in Prechter prognosis. Sentiment can run to the other extreme as quickly.

BWDIK

Haim



To: Barbara Barry who wrote (34139)11/23/1998 7:08:00 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
BB,

My FDI (4 day indicator - YES... IT IS NEW) says up and then down this week. Tuesday maybe a good shorting day???

Bill

PS There's no free lunch and BTDers think there is. They have won thus far and with the feds on their side, it is hard to imagine how that strategy could go wrong.

PPS Haim is right... in the space of 2 weeks the investment advisors went from 70% bullish to 70% bearish in Barron's Market Watch. So at the October lows when everything was grim, they were bullish as all get out, and now when things are moving smartly up, they are bearish to the same degree. Duh, where do I get one of those licenses???

PPPS VIX is on a trend hold and short term sell situation (peak should come today or tomorrow). VGY Mega MACD shows weak bullishness. So these two indicators seem to be in synch... BWDIK?