Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Oeconomicus who wrote (19831)	6/5/1998 10:53:00 AM
From: James F. Hopkins	Read Replies (2) of 94695

Bob : MOT is up on bad news, now the last time stocks started going up on bad news we did have a strong rally, maybe the consolidation is over for the time being ? If so small caps should start a big rally too. And we need to get at least one day with more new highs than lows. My research so far tells me the New Highs to New Lows is a far better indicator than the A/D line. They are almost balanced this morning , first time in a while. But in spite of the rally the amount of new Highs have not moved ahead yet. Jim

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