Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21506)	7/12/1998 2:10:00 AM
From: James F. Hopkins	Read Replies (1) of 94695

By the end of the month I see us set for about a 4 or 5% correction, 50/50% chance. A 10% correction at about a 20% chance , a 15% correcting is very unlikely, and if it did happen the last 5% wouldn't last long. But a BK..if it comes, it will have a down trend already in place, like from Mid April to the June 12th, (bottom ) and then only after several false rallies, will it go on down, but we confirmed a break of that down trend June 26th. Also it's got were the DJI don't really represent the broad market any more. Jim

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