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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (29410)9/29/1998 7:44:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
Hi Monty; Re> I agree, People will only change this when the suffering becomes too great to bear. Otherwise, they don't care. They vote and react only to their pocket book. That's the dilemma
no one want's to listen before time, and it does very little good after the fact.
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RE> I am showing 70 new highs today according to Yahoo plus the adv dec issues positive on the NYSE. I think we still have a good possibility of this market going up.

Personally I think the A/D was too good, for the down volume.

I've lost my bullish feeling, not bearish enough to short, but
I'm sure not bullish at all.

What is going up is the wrong stuff
too, no one listens when I say higher oil prices will choke the market. The drillers went up with production cuts ? That's
insane, production cuts to FIX the oil prices higher for the
benefit of Who ?
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The market got it's 1/4pt and what did it do ?
Now for a month I was saying up, and bad news ., and bad news,
and still it went up, but today was supposed to be good news
ha. I won't say it's going down, but you can bet I'm cash,
I didn't see the sell signal, but something don't smell right.

Jim
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