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 (27321)	9/10/1998 9:31:00 PM
From: Oeconomicus	Read Replies (3) of 94695

Thanks for trying. 11-12 area sounds about right. Just throws me a little when they change over on the CME page which contract they use. Still trading only about 7 over cash and Asian markets are falling again. The trannies were saved late from another new low and the yield curve gets more inverted every day. Seems the only thing that managed much of a rally was the internuts. I wonder if somebody got early word of INTC's preannouncement (which was not that great, BTW, and it only held on to a point of after hours gains). Financials continue to get hammered and bellweather GE bounced off the underside of its 200 day. We've a way to go on the downside before this is over. JMO, Bob PS: Pennants and flags. AMZN broke out of a nice triangle/pennant today. YHOO did too, but for the close. Dow, S&P, Naz, NYSE indexes all flying flags too. (daily charts) Any comments from the chartists?

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