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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (23428)8/6/1998 7:53:00 AM
From: James F. Hopkins  Read Replies (2) of 94695
 
Hi Bill; You got it right this crazy market, it's like trying
to dodge the cars and run across a freeway, I just grabbed at
a very short term signal, the tick had popped up, the index
was going up and the DIA hadn't bounced, so I tried a small
bet on it. I feel I will be able to close it on a blip
even if it wasn't the bottom. I did one last week
and didn't get hurt.

I'm not sure they can let the market fall much more without
doing some long term damage to the buy and hold mentality
they have worked so hard to teach people.
I still see 8200-8000 as very strong support, and that we may
test them.
Jim
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