Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (17789)	5/1/1998 1:31:00 PM
From: donald sew	Read Replies (1) of 94695

Jim, I believe it was mentioned that the volume is low. After the open this morning the market mainly weakened with only small spurts of strength. It really does not look strong. Also the NAZ has been slightly negative for most of the day. The MSH, which is a good indicator of the big HiTechs has been down almost all day and is even weaker than the NAZ. I think we could head lower and even possibly close down for the day and continue into Monday. If a downdraft does occur into Monday, I think that we could get as low as 9000 before rebounding up hard again. Seeya

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