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


To: P.Prazeres who wrote (11468)12/13/1997 6:56:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Hi Paulo, I'm sure there is a lot of shorting going on in this
market..and that will put in a bottom some were..and when it
bounces the more shorts out..the harder it will bounce..
has a lot to do with the volitility we have been seeing,
thing is if they scare people into exiting the funds..
then a real Bear Market will take over.
But some of the funds are beaten up real bad right now..
others shorted their high flyers and left them holding the
empty bag..with nothing but sick beat up high P/E puppies
to look at.. VWMCX is in such bad shape I have doubts about
it going any way but on down..same with LDNBX..other funds
are just feasting on them via shorting their holdings,
that is whats left worth shorting.
Jim