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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (22121)7/23/1998 7:57:00 AM
From: robert b furman  Read Replies (1) of 94695
 
Oex led by breaking out to new highs on 6/24/98
s&p 500 6/25/98
naz comp 7/08/98

Current observation may pointout that oex acts as slight leading indicator.There are so many cross currents swirling around it IS difficult to know .So many actions get reversed almost immediately.

Key I am looking for is when todays MO MO stocks break down what will be the next rotation of leadership ?
Thanks for good work!
Bob

I think / hope it will be tech stocks.When money bails out of hi flyers they do represent great values that have been overly pummeled.

Liked IBM's action lately
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