Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.T.Burnem who wrote (23300)	8/5/1998 2:36:00 PM
From: James F. Hopkins	Read Replies (2) of 94695

I'v changed my mind about bottom fishing, still to soon, not enough buyers yet. And looks like the S/MMs are still distributing what every they pick up on the dips. More downside is likely but the market is hard to short at this point. The only way you can do a short sale with all the down ticks is at market, or it gets passed over, and even at market you won't get it until the S/MMs let you in, which will for sure be lower than they are. Outsiders can't short no where near the high of the day when there are so many down ticks. Jim

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