Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (24436)	8/16/1998 8:09:00 PM
From: Gersh Avery	Read Replies (1) of 94695

James .. hands are firmly in pocket <g> Have been 100% cash for a few weeks now. Re the buy the dip method and risk management. On a overall average during the last two weeks the "sell the spike" method would have worked better than the "buy the dip" method. A progressively larger percentage of the dippers have had losses. A progressively larger percentage of spikers have had gains. As this continues the spikers will become more bold and the dippers will become more reserved. My belief is that this will amplify the current down trend. I would love to be watching the overall market cap and using that to chart trends from .. I'm just not sure which numbers to grab for that. Congrats on your dips. These are getting to be harder and harder times to grab those kind of gains. And thank you for clarifying just what it is that you two are watching. Gersh

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