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Strategies & Market Trends : Waiting for the big Kahuna

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To: Vitas who wrote (38189)3/11/1999 5:37:00 AM
From: bearshark  Read Replies (1) of 94695
 
Vitas: CHV, XON, and DD--I think they still own CONOCO--moved the INDU yesterday. We had huge volume in the last 15 minutes yesterday. I am ready for an explosion to the upside. I will watch the first half-hour of volume very closely today. Also, the period between 10 AM and 10:10 AM to see what the moneyed fellows are planning.

For the second day in a row, the indices were moved by small money. The blocks were not all that interested on the upside. If they decide to join in quickly, we could be over 10,000 quickly.

It would be nice to get a move down first, but at this point we may not be so lucky.
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