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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (20958)6/25/1998 11:15:00 AM
From: James F. Hopkins  Read Replies (4) of 94695
 
Hi Bill; I'm having ISP problems today , and having a hard time
tracking anything.
I still think the market
is looking for a new trading range.

We are getting back to our old highs, what happened to all the
money that went into the FUNDS since mid April..
The Net move in the Market don't near add up to the Gross money that
went in it ?

The big caps have done OK, along with the speculative stocks,
but over all the rally is still a narrow one.

Is the down trend really over, it looks like it, but could it be
a set up ? Dogone if I know..

I'm in Europe , and a little gold, and cash just waiting.

You know with the GM strike and it going up the market got to
be running on the MO MO funds. If they run out of steam we
may fall back. A rally in oil stocks is crazy too, wait till
earnings come out on them babies.

Like it or not inflation is not too far off.
It's in stocks, and real estate now. Big ticket items are
not getting cheaper. I expect the FED to kill the dollar some
more, then use that to up interest rates latter.
Jim




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