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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (16503)4/15/1998 4:09:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Bill; Well the short term sell signals have not produced and
won't produce any BIG sell off..
It takes a several sells in the MEGAs to weaken the market..
I'm convinced the MEGA caps have to inch down..prior to a big
sell off. Other than that you get little tiny corrections with
the funds buying dips while the faint of heart just watches it
go up one more time.

Buy the dips been saying that for how long now..nothing has
changed that much look at BRKA..that bunch is not stupid.
techstocks.com
get worried if you see her start falling "over" 5%..less than
that means next to nothing. Crap I went mostly cash last week
and that was a mistake..but not as bad a one as any of
the shorts made..hope for a dip tomorrow so I
can get back in..the market aint weak it got plenty of gas
left too. Them weak signs were from the hedgers and a few shorts
coming in..well they done got cloppered..again.
Jim
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