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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (18178)5/8/1998 10:43:00 AM
From: James F. Hopkins  Read Replies (1) of 94695
 
So far so good , Super up 1.27% , S&P100 up 1.20% , S&P 500 up 1.12%
S&P 400 up .74% ..notice the relative motion up of the more liquid
stocks is important to maintain the rally..they have a good
pattern so far, but we got a long way to go yet before we can
claim the down trend is broken..right now we headed back up to the
pivot point..( resistance on the super caps is still 392 and we
must break that in a few days or we will slide back down..)
Jim

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