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Politics : Idea Of The Day

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To: James Strauss who wrote (20475)	9/23/1998 6:33:00 PM
From: Judy	Read Replies (1) of 50167

Jim, The last time we talked you had moved cash into equity funds for this rally. Have you cashed out or are you still in the equity funds? In previous posts you've mentioned that number of new lows far exceeding the number of new highs as one reason you remain bearish on the market. I've been following the rate of change instead, that is, the rate at which new lows are made is slowing down while the rate at which new highs are made is not. Akin to a second derivative ... an inflection point that the market is setting a local bottom.

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