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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 (12691)	1/6/1998 4:55:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Hi Bill; Looks like a few people got spooked today, but I still think she will end the week higher. Oil and Banks took the hit, ( and they needed to ) I'v been telling people to get out of oil stocks for a while now. You got to know they can't report as good as earnings next go round, heck oil has droped 25% from were all the big profits were made. ------------------- JPM ( J.P. Morgan ) took the dow down more than any other stock today..and this is the tail wagging the dog. AS J.P morgan has as much effect on the index as GE does..but it's really not any were near the size. The way I weight the Dow, she only droped about 32pts. The flat way it's weighted for the people to see is misleading as all get out. --------------------- Last my MOOV and VUPDA are climbing out of their holes, looks like a good turn around is starting with them, not one down tick today. exchange2000.com Jim