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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 (40423)6/2/1999 6:34:00 PM
From: Yogizuna  Read Replies (2) | Respond to of 94695
 
Bill,
The hourly OEX chart has been a thing of trading range whipsaw beauty lately. It has to break one way or the other fairly soon, so you see it breaking up out of there to fool the most people, then hard down! That would be a thing of beauty too for Yogi! <G>
The "Yogi Index" is now at -3, and normally, I would rather see it at -4 or -5 before a rally takes place, but the zero mark is often resistance, so your two or three day rally could take it there, then back down we go to -5 for some good put profits! (crossing my bear paws for luck) Yogi