Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (25427)	8/28/1998 8:59:00 AM
From: James F. Hopkins	Read Replies (1) of 94695

Monty; In spite of every thing there are some Bulls ready to rush the market on the open, this will be one wild up/down/up day. I think we will see a rally close to 8500 sometime next week, at that point I'll have to take another look. --------------- The futures pits are churning to much for me to keep up with, I think the hedge funds are out of liquid reserves and going on margins, trying to play catch up with their losses in Russia and Asia, they have taken leveraged short positions in the U.S., any U.S. rally could be the undoing of many of them. Jim

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