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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (40706)	6/17/1999 7:12:00 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

Ladies and Gentlemen, the Big Kahuna has been cancelled due to a lack of interest, uh, for the moment anyhow..... GZ

To: William H Huebl who wrote (40706)	6/17/1999 8:27:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Bill; In this context normal would be for the NDX to fill it's gap , in fact since the start of the QQQ it has filled all gaps. If it don't this will be the first one. Stocks don't always fill gaps but I haven't found any Indexes that don't. Hell we have gaps on the SPX MID DOW & NDX, this also puts a lot of call money in the money, now I wonder if they are going to let the stocks get called or shell out the dough. At any rate the options moved to a point that there should be some selling pressure today or tomorrow. So far this am in Frankfurt intc, csco, wcom, ibm, aol & cpq are all down slightly from our close ( currency converted )average is off 1/2. MSFT is up 9/16. Jim

To: William H Huebl who wrote (40706)	6/19/1999 3:56:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

HI Bill; By the way when it comes to the market "normal" and also internut stocks, lets remember "normal" is not always sane. The nut's like any tulips show the degree of insanity, and for the time being sort of lead the market up and down. It's not that they have that much of the market , but that they show the enthusiasm of J6P , and while they have done a bounce they have not broken their down trend line as of yet. For now they do represent what's normal, & normal don't have to make sense. <G> Market mania is as good as the most manic part of the market if it fails then the market follows. Jim