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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (22628)7/29/1998 12:21:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Donald; I see what you mean , and that would point to a rally
all right, if the Big caps were also going up. I just sold
my SPY for 113-3/4, and I'm cash now except for one small cap
that's under water. I never like it when I see the indexes up
in spite of a persistent negative tick . I'm not about to short
but other than my underwater dog, I'm now on the side line.
I didn't wait on the 1120 , as I think I see it coming again.
But just watch now that I sold the stupid thing will take off. <G>
Jim

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