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FUTR: Why I am selling WZ8?

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<P align=left><FONT size=2>1) WZ is completing its </FONT><A 
href="http://homepage.macomb.com/~mig/analysis/w-ewave-981109.gif";><FONT 
size=2>Wave-4 Correction</FONT></A><FONT size=2>, 2) The </FONT><A 
href="http://homepage.macomb.com/~mig/analysis/w-sea-981109.gif";><FONT 
size=2>Seasonal is topping</FONT></A><FONT size=2>, 3) </FONT><A 
href="http://homepage.macomb.com/~mig/analysis/wz-cz-sto-981109.gif";><FONT 
size=2>Weekly Stochastic</FONT></A><FONT size=2> is overbought and turning down, 
4) the </FONT><A 
href="http://homepage.macomb.com/~mig/analysis/wz-cz-spr-981109.gif";><FONT 
size=2>WZ- CZ Spread</FONT></A><FONT size=2> has a bearish head and shoulders 
pattern, 5) there is a VERY STRONG correlation between the </FONT><A 
href="http://homepage.macomb.com/~mig/analysis/wz-cz-ret-981109.gif";><FONT 
size=2>USDA Reports and Swing Highs</FONT></A><FONT size=2> early in each month 
(red arrows), and the most bearish warning of all is &quot;my Grandmother made 
money buying Wheat&quot; &lt;G&gt;.</FONT></P>
<P align=left><FONT size=2>Dennis Peterson</FONT></P>
<P align=left><FONT size=2></FONT><FONT color=#000000 size=2>Home Page <A 
href="http://homepage.macomb.com/~mig/home.htm";>http://homepage.macomb.com/~mig/home.htm</A></FONT></P></DIV>
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</x-html>From ???@??? Tue Nov 10 08:38:31 1998
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Date: Tue, 10 Nov 1998 05:34:52 -0800
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From: "Tom Stein" <comfut@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Hi TRIN and TICK
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Please, understand......TRIN is derived from advancing stocks vs declining
stocks and up/down volume.........

IF the 10 most active stocks were all down 1.00 going into the last few
minutes and they all closed down .50....they would still be considered
declining stocks for the TRIN computation, but they could have had huge
buying in the last few minutes taking them from down 1.00 to down only
.50....the tick would have been very positive because these stocks went
from -1.00 to -.50....but...the huge volume it took to drive the stocks less
negative would actually make the trin worse....more volume going into
declining stocks.........
I hope this makes sense.....


Tom Stein