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

To: robert b furman who wrote (40059)	5/18/1999 6:08:00 PM
From: William H Huebl	Respond to of 94695

Bob, VGY mimics the general market.... more like the mutual fund index and so forth. Many people have wondered why their mutual fund portfolios haven't skyrocketed along with ye olde DOW... and VGY shows why... narrow participation. Now the general market is turning up... just as DOW and other indices are looking frail. Interpretation? Well let's wait a while and see how the Fed announcement shakes out. Certainly helped one of my put positions in gold! Bill

To: robert b furman who wrote (40059)	5/18/1999 10:11:00 PM
From: GROUND ZERO™	Respond to of 94695

I could be wrong, but I've been short now since yesterday morning, we may have seen the highs for this year.....BWDIK Long the bonds here..... GZ

To: robert b furman who wrote (40059)	7/11/1999 2:52:00 AM
From: Bull RidaH	Read Replies (2) \| Respond to of 94695

Robert, Time for a rodeo roundup: The Bradley indicator turned down on July 6th, nailing the 7/6 peak in the NYSE at 660.81. The Bradley has no more turns til 7/17, so a break of that high would give a strong Bradley inversion Buy signal. Cycles remain bullish, and recommended a buy of the low of the day on Friday (7/6) for a profitable trade, and now recommend buying the low of the day Tuesday as well as the low on Wednesday for a profitable trade. S-T bullish scenarios would be temporarily hampered if we close below Friday's NYSE low of 654, since a 22 day cycle low was due in on that day. But even if that happened on Monday, a buy of the low of the day Tues. (via a 36.2 day cycle low) & Wed.(via a 26 day cycle low) would remain in effect, so a bull trade for the coming week looks bound to work for those who will hold out til Monday after expiration (7/16). These are both very powerful cycle lows due that nearly always give strong buying propulsion to the market. Wave wise, we look to be finishing the wave 4 correction since the starting point of this 5 wave move up from 6/11's low. Wave 1 into the 6/21 high, wave 2 into the 6/24 low, wave 3 into the 7/6 high, wave 4 (finishing up, if not already done). That's sets the stage for wave 5, which can be no larger than 6X the size of wave 3. Since wave 3 in this case was 96.55 pts (1405.29 - 1308.47 = 96.55), we could conceivably see a 580 S&P point rally for this 5th wave. I'm thinking it'll be more like 250 from here, taking us up to around 1650 by mid Sept. before a sizeable correction develops. In summary, it looks like strong up for this expiration week right into the following Monday. Then we have to be on s-t alert due to the Bradley turn on the 17th and s-t cycle highs due on the 20th & 23rd (16 & 22 day highs respectively). Let's run with the Bulls! B. RidaH