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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (18003)5/6/1998 9:08:00 AM
From: James F. Hopkins  Read Replies (2) of 94695
 
Should open up, but then think we may reverse..thing is The Pivot
point ...that's about were we are at..it's From Window Dressing the
Mutuall Funds have done..as they want to make their Navs look better
the sell down some of their Big Blue caps to buy the faster moving
but thiner trding stocks..like I'll reduce some in GE and get that
on this fast gainer over here..( thats ok up to a point but when
so many of them do it the GE types starts to go down ) The market
goes up but becomes less liquid, to were a reversal will be more
sharp.
------------------------------
At this point we may well go up..the thing is IF we go down it
could be more sharper than the last time.
In fact we need to go
up..but it's the Super Caps that need some money put in them,
FUNDS have been robbing peter to pay paul..( window dressing )
makes the DOW and S&P look better on the surface than it is under the surface.
-----------------
Jim

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