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 (21802)	7/18/1998 10:45:00 AM
From: Barbara Barry	Read Replies (2) of 94695

Bill, I didn't watch the close so I'll go look at some charts later.IMHO this market is setting up for a big sell off and even I might look at some puts next week.BUT those darn "psych" indicators warn me not to get smug as there is still too much $$$ and too much fear of not being in the market.So I still think IT will take more time.One of the most interesting stats from CNBC yesterday was that 50 stocks in the S&P 500 represented 80% of the gains!And we know what has occured with the small and midcap arena.Even for a non-fundementalist like you,THAT is worth noting!<ggg> I guess I am officially a "consevative" bear cub at the moment and not a full grown bear yet!<VBG> Regards, Barbara

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