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

To: James F. Hopkins who wrote (13023)	1/10/1998 10:36:00 PM
From: William H Huebl	Read Replies (3) \| Respond to of 94695

Jim, The only chance of us being up this week is if my indicators have turned contrary on me.... VIX is looking for 5% up "sometime" but who knows when THAT will be. I am very interested in your DOW recalculator... sounds like a lot of work, though... but if it WORKS, that is all that counts! Keep us posted, will you please? Thanks, Bill

To: James F. Hopkins who wrote (13023)	1/11/1998 4:31:00 PM
From: Richard J. Byrd	Read Replies (1) \| Respond to of 94695

jIM: < I had no idea so much money could trade hands on only 30 stocks. < and BTW the volume was not all so high..that's the shocker < if GE could lose 2.44% of her value..but "only" traded < .16% of her shares what would happen if she tried to trade < as much as 10% of her shares like some companies do > - - - - - - - - - - - How much "value" was lost is not dependent on the volume of shares traded. For example, if GE traded only one share and that was down 5% from the previous day, then we sould say that GE lost 5% of its market cap. The calculation is based on the presumed value of each outstanding share based on the value of the ones traded. Dick