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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (11912)12/20/1997 8:31:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Bill; Looks like we may have put in a base..the water fall noise
is no louder..and the current is not funning faster..in fact
while the index is down some..there is more market cap in respect
to it, got a hunch the short term seling is about over.
Think we had a mini Bear market..that's going to turn up
shortly..they will be some singled out as always but the broad
market looks up..I know every thing is over priced but that don't
mean it wont go up..
It's always that way just about the time the majority think it's
time to get out and start shorting with recklessness..the market
climbs that wall of worry.
I'm not ready to jump in with both feet, but will likely do some
carefull bottom fishing this week.
Jim
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