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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 (13651)1/30/1998 7:50:00 AM
From: Bonnie Bear  Read Replies (2) | Respond to of 94695
 
bill- the market wants to run up from the first to the fifth of the month. or actually the 27th to the fifth, been this way for the past year.
I found huge accumulation on brokerages and value smallcaps this week. We are at the juncture of the 50 and 200d moving average on the IBD mutual fund index. Everything seems like it wants to run up for a while in these sectors, while the 200 day moving average flattens, FWIW (not very much).



To: William H Huebl who wrote (13651)1/30/1998 6:14:00 PM
From: CatLady  Read Replies (1) | Respond to of 94695
 
Looks like the overhead resistance of dow 8000 yesterday meant more than all our other indicators put together. That's all that saved me from wearing my bull suit today.

CL