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


To: jjs_ynot who wrote (38416)3/15/1999 5:51:00 AM
From: William H Huebl  Respond to of 94695
 
Barron's read from this weekend, Dave (thanks for asking --- again I think):

(this is abbreviated form)

M-down T-down W-down T - up F - ? but UP for the week... doesn't make me any too happy with my forecast of a BIG BK???

Interestingly enough, Traders' Committments show a bearish change with the commercials going further short and, of course, the small traders going long the S&P.

My take of Market Watch is the advisors are very bullish... (a bearish sign) which does not jibe with IBD figures.

Looks like a sell-off of some kind the beginning of the week and then a move over 10,000 by Friday.

But don't bet the farm on it.

Bill