Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (19278)	5/27/1998 5:06:00 PM
From: Barbara Barry	Read Replies (1) of 94695

Jim, I was curious about the buying too. FWIW...I just got off the phone with a local Quick and Riley manager,now he has not checked with other offices,but lots of retail buying coming in today and some equity call buying.I tried the oex 540 calls today but I was too cheap and didn't get filled.The dipsters and the public do not look at the indicators and the divergences like we do...that's all going to take a lot more time to unfold than two volatile days.My "psych" indicators have been more reliable than what I see in the technicals.Who would bet that everytime a chart hits the 50 dma that it automatically has to rally?<VBG>Heck!I was taught that a breach of the 30 and 50 day was trouble!;)It's so crazy,I have no idea why I am remaining so calm? Regards, Barbara

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