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


To: robert b furman who wrote (35981)1/4/1999 1:05:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 94695
 
Actually, did you hear that the Netscape-AOL is being called off??

Seems that Yahoo made a better offer for Netscape.

They're going to call the company.....

Netanyahoo....

Haim should get a kick outta that one.... <VBG>

Regards,

Ron



To: robert b furman who wrote (35981)1/4/1999 5:52:00 AM
From: William H Huebl  Respond to of 94695
 
Bob,

You make a good point... VGY is STILL in a bear market because the direction of the 200 day MA is down. That is why so many mutual funds are doing so badly... it is only DOW stocks (big cap) that have regained the high ground.

My comments about VGY move up are based on PATTERN recognition... the inverted H&S which broke to the upside Thursday, is a 90% plus reliable pattern... thus it shows that VGY is going to move up strongly AND POSSIBLY carry the 200 day MA with it??? If not, then the anticipated top late this month fits in with the BIG BK starting in Feb.

Bill