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 (18688)	5/19/1998 8:44:00 AM
From: James F. Hopkins	Read Replies (1) of 94695

Bill; I kind of expected it , yesterday was a little over done but I think for me it will be a opportunity maybe to get some stuff off the table. I don't think it is up and away yet, just another knee jerk. In looking at my DOW head & tail , it surprised me as I hadn't watched that very close in a while, but they have adjusted your low of 8800 could be about right..they are in balance now so there should not be any big skew, at least not in the DOW, But for IBM I can't understand the high value they put on her relative to HWP or Intel..she also seems over bought relative to the rest of the DOW. No one expects ( not many any way ) an interest rate hike, what was it you said about in the heat of trading, the emotions get involved..anyway tath happens to the market too.. Jim

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