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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (35148)12/10/1998 9:18:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Monty; I'm checking my records, and it was 11-23 I saw the
S/MMS prop up the index at Dow 9300, and S&P 1182, and I posted
it to all, conformation came on 11-30, and today while it don't
look like a melt down yet, it does show more down sign.
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While I have been getting a lot of mixed signals since 11-23,
none of them have tempted me back into the broad market, except for you know what I've been cash.
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I did play MOB for a short bounce, as I could not understand
why the arbitrage traders didn't jump on her, and I'm out of
her now.
Jim
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