Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bob wallace who wrote (34156)	11/22/1998 10:56:00 PM
From: donald sew	Read Replies (1) of 94695

BOB, >>>>>>>> I know for sure is that right now, as we speak, the big boys are short.... <<<<<<<< Its interesting that you mention that. When I was talking to my broker after the close on Friday, it was mentioned that he was aware of little institutional buying, then I checked the TICK. The highest the TICK got was 400, with the DOW closing over 100 points. It implies that the small guys were buying with little help from the big boys. If the big boys step in with the small guys buying, the market could pop up strongly, but if the big boys stay away it wont be long before we could see some selling very soon. I have also noticed that on many of the stocks I have been watching, some moved up nicely on FRI, but was on light volume. Seeya

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