Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (19722)	6/3/1998 6:02:00 PM
From: James F. Hopkins	Read Replies (3) of 94695

OK , but the interest rates fell late today too, so that will check the fall some , and could cause a little bounce tomorrow, or the next day with all this keep an eye on interest rates, they are a little de-coupled right now looking for a new range, but stocks will only fight them so much. Don't bet against interest rates, if you were short good, but it may be late to go short now, watch the 30 yr yld close now till it settles in. My guess 5.75 to 5.85 is or will be the new hinge point; down from 6%, if they drop below 5.75 I'd close short and go long. Jim

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