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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21557)7/13/1998 10:34:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
Bill; Here is the 1st 5 of the Naz100 , which BTW is 50% of that
index.
Symbol Last Trade Change Volume Paid Mkt Cap Trade Date
^IXIC 4:45PM 1965.53 +22.49 +1.16% N/A 1868.46 N/A 30-Apr-98
^NDX 4:44PM 1420.58 +29.47 +2.12% N/A 1248.12 N/A 30-Apr-98
MSFT 4:01PM 117 9/16 +4 3/8 +3.87% 17,305,800 90.125 289.7B 30-Apr-98
INTC 4:01PM 82 3/8 +2 5/8 +3.29% 19,286,000 80.81 139.7B 30-Apr-98
CSCO 4:01PM 94 1/4 +1 5/16 +1.41% 7,088,700 73.25 97.695B 30-Apr-98
DELL 4:01PM 106 3/16 +5 3/8 +5.33% 15,525,600 80.75 67.212B 30-Apr-98
WCOM 4:01PM 51 +11/16 +1.37% 12,233,700 45 52.636B 30-Apr-98
Looks like a blow off top is being put in.
The funny stuff BB was talking of often happens
just before a reverse. Keep an eye on them five, if they
all break south at one time the correction will start.
For Good measure toss in
GE, KO, PFE, MRK, & NB hmmmm & XON too.
If most of those 10 move one way that's the way the market
will follow, today was up, BUT it's getting toppy.
Jim

puts after they start down but before the VIX goes high.

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