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 (16842)	4/19/1998 10:37:00 PM
From: James F. Hopkins	Read Replies (1) of 94695

Bill; Well Barrons missed it last week, and they just may miss it this week too.. I hope up some Monday..as I'm about 50% in the soup..and if I can get a bounce Monday I dry myself off.. The 13th we sure did go on thin ice..and it won't take a lot to put us back there...but this thing of calling a top in the market is just not pratical..not pratical at all and likely hurts a lot of newbies..I think the market will tell us she is going down when she starts..you will see some loss in the big caps as the little ones continue to run up.. I finished looking inside the Dow index and took it back..we are on thin ice..but I don't see any way to make any calls with any conviction..and think it's just a time to watch closely I'm still in the buy the dips..and be ready to exit fast.. right now it's more a stock pickers market than a market timers.. I will back off that slightly positive thingy in my last post..just because Barron's says up week, I'll say down week.. but after Monday.. The ice is still a little thin. Jim

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