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Strategies & Market Trends : Waiting for the big Kahuna
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To: Vitas who wrote (20533)6/17/1998 1:47:00 AM
From: James F. Hopkins  Read Replies (2) of 94695
 
Vitas; I did get over sold signals Friday and went long, but I closed
yesterday, other indicators look fairly good from my TA standpoint,
The DOW head is up , and the Top 50 of the S&P are up, and the
Top 15 of the OEX are up. So that gives her liquidity, still I won't
lose much waiting in cash until I see the FA side looking better.
Did you know that the top 50 stocks in the S&P control over 50%
of her moves ? and the Top 15 in the OEX control over 50% of
her moves ?
Jim
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