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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (16464)4/15/1998 8:43:00 AM
From: James F. Hopkins  Read Replies (3) of 94695
 
Bill; I'm not sure what dozy of a sell off means but the fly in the
soup is the cash in the Money Markets..don't count on any big
sell off your wasting your time..
It looks like the Nasdaq 100 is set for "today" to kick some
bears in in the rear. But that's all I see.
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The mixed signals make me think people tring to call this market
are hooked like they should ask themselves just how often they
see were it can't be called. At least not very far..the visability
is less now than any time in the last 6 mo..
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But I do know this tops are harder to call than bottoms,
so I can just say in a general sence that people calling tops
are wrong, and I'll be right 85% of the time.
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She looks toppy and has the bears coming out of every were
and they will force her up. If I see this thread get Bullish
I'l look to short.
Jim
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