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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 (35817)12/30/1998 3:02:00 PM
From: Barbara Barry  Read Replies (1) | Respond to of 94695
 
Bill,
Let me be the first to say Happy New Year!I have gotten some suspicious signs lately,but no signals to buy puts.This market is not running on all six cylinders and often the tick etc. aren't showing a lot of strength.The vix has put out some fake-outs,but when I play around with differnt time frames I still can't see a BK.Even though my "OTIR" indidicator is driving me nuts,I will not short yet.In fact my best guess by the way this market is acting we will still have strength from the dipsters...perhaps even more so in the near term.But that is just a "hunch".So I will have to revise my top to 9500-9600...but my call for 9300 for the year end wasn't too far off.Another lucky guess that won't make me rich!Fwiw,I am just sitting back and waiting/watching.Kinda fun not to be in a "frantic" mode during the holidays.
Regards,
Barbara