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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 (14040)2/11/1998 11:49:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Hi Bill; well the market did it's flop about Jan12th,
man I think I missed most of it, or at least the bottom..
tracking some good beta funds has me wondering why I
Messed around with all this other crap..18% to 20% up in
a month already. That's half the gain for some of the best
for last year. Not one or two either a bunch of them..
Seems some of the fumb-dums not so dumb after all, they sure
got in on the bottom, some of them I'm sure had gone short the box,
then held back cash from the inflows, when they covered the shorts
they bought..while the doubting ones got left in the dust.
The doubters now hope they can to talk it back down so as they
will get another chance.
I figure the heavy hitters got maybe 15% more to go, then about the time their cash reserves get low they will short the box again.
I need to track the funds, and a few indexes..and leave out
the stocks. I may hold onto my Dow 30 for a bit, but I'm
fixing to wipe out all the other portfolios, I've not got
enough time to do them. I also believe the program trading is
getting smarted and mostly avoiding the ones that trigger curbs.
Jim