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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gersh Avery who wrote (24707)8/20/1998 9:54:00 AM
From: James F. Hopkins  Read Replies (1) of 94695
 
Gersh; I don't think the Bull is cooked , but MORE DOWN today,
still think it's just taking a break, if the market were to drop below the 11th low, I might go along with that, but I doubt we get back to that level.

Lot of negative earnings out today, and I would think the down
side would be more considering the amount of bad news, but all
she is doing is ducking a little. This market wants to go up
and it will find a reason to do it before long. Maybe not today
but I'm looking for the buy the dip signal.
Jim
pS Futures just indicated even stronger downside to come today,
I'm in no hurry on the buy the dip.
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