Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (25687)	8/30/1998 11:05:00 AM
From: James F. Hopkins	Read Replies (1) of 94695

Hi Bill; Monty send me some more and this time it seems it can make a case for the Bulls or the Bears, it's all so relative. On the one hand it shows way over sold, but on the other; July was way over bought so if we look at it from the point of how the market has been valued in the last 20 months we should be at about fair value, except for the small caps. They seem very over sold, however the market likes to go to extremes. This data leaves a lot up in the air. I was hoping it would be more revealing than it's turned out so far. Looks like I maybe chasing a windmill with it. <G> Back to the Mc. Summation charts, they are hard to beat. Jim

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