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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (21958)7/20/1998 9:02:00 PM
From: set  Read Replies (2) of 94695
 
> This is another symptom of liquidity on the fritz

yes, but that's a general trend. Something peculiar happened
today which, while consistent with that trend, is also a separate
event worthy of note.

To me it signals that pure momentum thinking has trickled down
to the rest of the market; not necessarily that there is no
money available to small caps. Many are doing well.

I think if you've got your eye on something and you're waiting
for a dip, don't wait. And if something dips, don't buy it.
At least in small cap land.

bwdik

Shahar
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