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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (13924)2/6/1998 9:03:00 AM
From: James F. Hopkins  Read Replies (1) of 94695
 
HI Bill; Yes "no bets" at least short term, market is like
crazy..futures up bonds did a dance, down/up like in a flash
really I don't see what is supporting it must be inflow into
mutual funds, and a few shorts who dip it, with others who are
buying on the dips, it will come back to haut some of the longs
but it's subject to go higher before it does.
We have to remember markets tend to go to extrems both ways,
how far this one can climb is a tough question. It will climb
a wall of worry, after most of the bears turn to bulls it will correct.
Jim
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