Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: William H Huebl who wrote (13161)	1/14/1998 8:16:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Bill; Re >if this advance were going to get a head of steam, as you say, I would think GE would be more positive than indecision! << No I said it could get up some steam, not that it would. Like GE I have a lot of indecision, but there are some positive signs for the short term. The breadth of the rally in foreign markets will lilkely spill over. I'm a contrarian by nature, and for sure see the market over valued, but over value don't stop it from going up. Had I been short I would have covered Monday afternoon, and waited for a new entry point. Now I'm not a gold silver buff , I like copper better, it's a long play, but with dividends and all I still like AR and PCU and don't think they will get much cheaper. I was in Korea on the cheap and got scared and came out ( a mistake ) , The Malaysa WEB, looks like it's found bottom EWM , lots of volume yesterday. I've personally worked with Koreans, and some Japanese, I didn't enjoy it, but they are tough. You can bet Japan has something up it's sleeve too. They don't care about the price of their stocks, so much as we do they are into grabing market share, and I bet very few outsiders have any idea of how strong they really are. My last visit to South America, I saw more Japanese than I did Americans, they tended to keep a low profile but have "work camps" all over the place. Not to mention they own more of our tresuries than I care to think about. This don't look good for us down the road, but it's just lurking for the time being, and may not come home to us for a while. Oil has been our trump card, but they are working on that to and have a presence in the Middle east that's also getting stronger. ------------------------- Market should gap up on the open, I'm not sure it will follow through but there is a fair chance it will. Jim BTW I notice in doing my DOW. That very often the INDEX does not reflect the GAP up or down in the issues. I saw were the issues GAP ed down as much as 14pts last week on the open ( total ) yet the Index opened were it closed, and took some time to catch up. People fixed on and watching the DJI bug may not realise how far it trails reality. CNBC may be getting it in real time now, but The Dow indexes real time is not as real time as the issues in it, and I can't help but believe that they have a built in a delay, that goes out to the public. Jim