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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (26024)9/1/1998 12:49:00 PM
From: Oeconomicus  Read Replies (2) of 94695
 
Jim, it may be no joke, but will it last? Aren't you concerned that the tick is so flat?

Also, the Trannies have been a pretty good indicator lately of whether a given rally or decline is for real. This morning, they didn't participate in the early rally and lead the way in the 10:00 collapse. Now, with the Dow +200, the Trannies are still flat.

What is telling you that this is anything more than just another soon to fail rally?

Bob
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