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

To: Vitas who wrote (36161)1/7/1999 8:53:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Vitas, from my draw we haven't quite touched the downtrendline yet.

This might be quite deceptive as the RUT and the TRANS break out, but not on convincing a/d.

We had a decent reversal on the McOscillator today - a go into neg territory soon will set up a lower high in the Summation with a higher high in the indexes.

Remember the WARNING SHOT - Washout low! you brought to my attention?

It would fit right in that the -184 low in the Oscillator was the Warning shot.

We really haven't made a complex bottom in the Oscillator to make a set-up for Dow 10 or 11,000.

InterNUTZ parabola should top out tomorrow or Monday.

bb



To: Vitas who wrote (36161)1/8/1999 5:06:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Vitus; The Dollars down, I been warning about that for some time,
it can't keep falling and not kick our rear.
The old argument we need a weaker dollar to simulate exports is
dumm stupit hog wash, it don't help a thing and kills us being
able to import, of which we do more of.
Infaltion not far off, combined with job cuts; next year ought to
wake a few people up to the fact we done got old trickel down
right wing favor the big boys Riganomics back.
Jim


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