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

To: Kailash who wrote (38564)	3/17/1999 6:08:00 AM
From: William H Huebl	Read Replies (3) \| Respond to of 94695

Kailash, LNHNL is the lesser of new highs and new lows... as long as it stays down below 50, we are in pretty good shape... it has been running in the 50-70 and higher levels. This tells me whether the markets are internally consistent and when the are NOT, look out. Some of the indicators I use are a part of Norman Fosback's book, "Stock Market Logic." He debunks most of the indicators in use today and provides some that DO work including LNHNL. There are others... Bill