Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Follies who wrote (21939)	7/20/1998 6:20:00 PM
From: James F. Hopkins	Read Replies (2) of 94695

You hit it on the head, between that and Velvet Jaws , we got to go up. But we need some volatility too, and the small caps are dragging. We can't really have a top till they do something, but we can have a slight pull back in the Nifty Fifty. If the little investor ( independent ) starts buying small caps the funds will jump on that bandwagon. This last run up should start people looking for better value, and the only place there is any of that is in small caps. Keep an eye on them, and I note they didn't pulled back as much as the Blue Chips did today. ------------ Just a hunch but I think we have a small correction on the blue chips, then as that ends the next run up will be lead by small caps. Jim

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