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

To: ViperChick Secret Agent 006.9 who wrote (16378)	4/14/1998 4:00:00 PM
From: James F. Hopkins	Respond to of 94695

Lisa; You got it, when you see a good one if you take time to talk about it..it's gone. Not looking for any big gain, just a fast little scalp. Some of that run up today had to be shorts getting squezzed. Jim --------------- Last week I mentioned about the 10th or 11th it was that there was too much dough in the MM funds for a big sell off just yet, called it the fly in the soup. AS every thing else did look downish but that..and still does .."but that is a big fly " Also what happens to the money the shorts lose..( most of it goes right back into the market ) so while the shorts scream about insane high valuations..they also cause them.. I bet today it was shorts who bought XCIT likey at her highs too.. Jim