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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (19069)5/26/1998 1:05:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
Bill; This market is sick, it has the ASIAN flu, now the flu don't
kill every one who gets it, but it generally causes them to miss
some work.

Talk about divergence or anomalies , like the tick down with the
index up..but today this interest rates down, AND stock market down at
the same time , and with no attempt to rally..

That was no rally this morning , just a few shorts who saw the
globex up, covered..that's all it was a little short covering..
the market for a bit looked like it might heal itself, and it
will in time..but right now it is sick and has a better chance
than not of getting sicker before it gets back to it's highs.

Why don't we set a date for when it will make a new high ?
Or just predict how low it will go before that time ?
Was April 28th 29th the bottom...? Have we kissed them
good by ,, well so far I kind of doubt it.
Jim
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