Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (43082)	8/22/1999 10:48:00 AM
From: James F. Hopkins	Read Replies (1) of 94695

Monty; Your right something is out of whack, the nuts look like they want to rally but can they hold ? They are so volatile and can swing so fast I can't trust it. Volume was good on AUG 5th and 11th , but has fallen off a lot since, the rally yesterday was on low volume ( almost like a top being put in ). On the other hand I think a rate increase is priced in by the speculators, and if so we could go up fast come Tue. It's mixed & seems to say we are going to go one way or the other fast but that the big powers have not made up their mind as to in what direction they will make the most money. Keep one eye on the Dollar index. ------------------- Hurricane "Bret" has me worried , at 08:32 my time live sat shows her 26.3N 96.3W , moving NNW at 9 KTs..my worry is she could easily turn more N and head right at me. 165 mph winds already & the longer she stays over the Gulf the worst she will get, water temp is more hot than normal and could easily turn this storm into a record breaker and the news media is dragging it's feet about how serious this baby could be. It looks scary to me..I may not be on the net tomorrow. Jim

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