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


To: William H Huebl who wrote (38866)3/20/1999 5:28:00 PM
From: Vitas  Read Replies (2) | Respond to of 94695
 
Hi Bill, I was just wondering, how do you use a weekly publication
to forecast daily action?

Thanks,

Vitas




To: William H Huebl who wrote (38866)3/20/1999 5:33:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 94695
 
Yep Bill i do know you are religiously loyal to your indicators in Barrons esp...they do have an extensive list in the back...

i just think the editorial content is hogwash sometimes...

but i cannot in anyway predict what Mon or Tues or for that matter anyday week month or time frame, as to what direction the markets going...

if we are in a bull trend from the Oct Lows at 7400, and we moved steadily forward and higher by 2600 points, then obviously we are in a trend thats been bullish...

the short lived selloff in Oct culminated in a 3 month so called Bear Market... Bullshit!!!!...it was nothing more than world wide currency crisis, THAT YOU SO ADROITLY POINTED OUT TO ME!!!!!!!! i was really clueless that that event could create such havoc...

well it did...now Bill those things are way behind us...Japan, Korea, Russsia, Brazil etc etc, "seem" to have their act somewhat together...

if you sit down and right up a synopsis of the Good points & Bad Points of these markets, TA & FA & Macroeconmic wise too, i think the picture would be leaning to the bright side, not the negative side...

of course this is my looksee thru the smog...this is the way "I" see things..you know 1/2 full 1/2 empty???

anyway, it's tough enough to play this game and make any money...either side up or down...i just find it a hell ofva lot easier on the long side...