Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: robnhood who wrote (18834)	5/20/1998 6:28:00 PM
From: James F. Hopkins	Read Replies (1) of 94695

I know it looked like that to me to, but Paul suggested it could be shorts closing positions, due to long weekend coming up.. and that seems like it could fit, it's wait and see time. I would not bet on it going on up yet. It's been in a trading range for while and I would want to see it get outa that range to the upside. To me a slight short term down trend is still valid untill it does. I look fot it to finnish the down trend before it breaks to the upside and I still see these rallies as false starts. Jim

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