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Strategies & Market Trends : Waiting for the big Kahuna
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To: James F. Hopkins who wrote (22203)7/23/1998 10:54:00 PM
From: Monty Lenard  Read Replies (1) of 94695
 
But note today they were not down as much as the SPX or the OEX

Jim, I did note that and that is the very reason I feel that there is now money moving out of this market. They held while all the other indices have been steadily loosing issues to the 200 DMA Gremlin! The NF got hit pretty good today.

I asked the question because I knew you already had the answer and have many times stated that this was what happening! :-))

The analysis only re-invented the "James Hopkins Wheel" or confirmed that it was round! :-)

Monty
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