Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (11468)	12/13/1997 6:56:00 PM
From: James F. Hopkins	Read Replies (1) of 94695

Hi Paulo, I'm sure there is a lot of shorting going on in this market..and that will put in a bottom some were..and when it bounces the more shorts out..the harder it will bounce.. has a lot to do with the volitility we have been seeing, thing is if they scare people into exiting the funds.. then a real Bear Market will take over. But some of the funds are beaten up real bad right now.. others shorted their high flyers and left them holding the empty bag..with nothing but sick beat up high P/E puppies to look at.. VWMCX is in such bad shape I have doubts about it going any way but on down..same with LDNBX..other funds are just feasting on them via shorting their holdings, that is whats left worth shorting. Jim

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