Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (15286)	3/27/1998 1:10:00 PM
From: James F. Hopkins	Read Replies (3) of 94695

Hi Bill; Have you or any one else noticed that the morning futures have almost become a contrary indicator, ( not when they open.. as they open going that way..but then fly in the face of it ) Today is about five times in the last two weeks that strong futures while they started things going in their direction, things reveresed later in the day and closed the opposit. Both ways too.. Of course for today we still got to see the close..but it looks like it's headed that way. It seems to me this is more than normal, and that the future buyers are getting their lunch eaten when every they bet them strong. ---------- Another odd thing is too many things are trying to go up at one time..the dollar is up, gold is up, oil is up, stocks for the most part are up..( this being over the last week )..now every thing can't just keep going up..( or can it ? )... It's damm sure crazy..I may try a gold mutual fund for a bit, less downside risk at this time, and they may get a pop Jim

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