Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (23210)	8/4/1998 5:58:00 PM
From: James F. Hopkins	Read Replies (2) of 94695

Hi Bonnie; Buyers Beat them down ! <G> Well market went oversold late today ( short term ) so it should have a bounce in the morning. ----------------- I wish I knew if people were pulling out of Mutual funds today, or riding it out. I Got to make a call. BTW that late sell off, was more in the BIG CAPS, than the Small, computer selling ..I have noticed that when sell programs kick in they don't hit the R2000, the SPX & OEX drops like an elivator, then latter the R2000 reacts .. I wish there was a web for the R2000, like the SPY, MDY, & DIA man the way it gets dragged around you could jump all over it. In as much as it didn't fall as hard late in the day, as the others it could take it on the chin in the morning. But if the others bounce that may save it's butt. Is there an option on the R2000 ? Jim

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