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


To: Haim R. Branisteanu who wrote (36660)1/23/1999 3:33:00 AM
From: Berney  Read Replies (1) | Respond to of 94695
 
Haim, the Market is either

Bk up or Bk down, or, might I suggest, a trading range. Frankly, from MHO and perspective, it fits the trading range pattern. I would suggest that it is really important to differentiate the difference.

It is another observation that TA sucks (the Monica factor) in a trading range. It tells you to buy, when you should be selling, and sell when you should be buying. Fortunately, from MHO, the Market is only in a trading range about 25% of the time.

Berney



To: Haim R. Branisteanu who wrote (36660)1/23/1999 6:06:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Haim and Berney,

I think it is time for a fake-out from the market. Although we have a resurgence of MM $$ into MF, Mr Market seems determined to go down, at least for now.

The fake-out would be a strong move up starting, say Tuesday, into the beginning of Feb AN THEN the BK???

My indicators (not Barron's cause I haven't picked it up yet this a.m.) ARE showing a bottoming, just as GZ posted yesterday.

Bill