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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 (17186)4/24/1998 1:43:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 94695
 
Jim, your posts about the tick and relative volume of big down movers vs ups got me watching the TRIN/ARMS. It was hanging below 1, actually in the .8's, until late this morning when it started moving up. Sometime during lunch I guess, it passed 1.00 and is now up to 1.13. Looks like that downside volume you were seeing in the big movers is spreading.

Regards,
Bob



To: James F. Hopkins who wrote (17186)4/24/1998 1:55:00 PM
From: Death Sphincter  Read Replies (4) | Respond to of 94695
 
jim...nothing happening here but a 2%+/- profit taking pullback...key is ECI on Wednesday...if there is no big surprise(higher than 1% gain expected) this puppy will start back up and make a run at the highs beginning of May. if ECI has big surprise UP you will be a genius and my opinion will be crap. but isn't that why we are here? this puppy(named Raging Bull) is a very slow breaking, rail running #1 dog with extreme late speed......he is behind going into the first turn but avoiding the collisions, he will lag a bit but watch him turn on the afterburners going into the far turn as the other front running dogs(named Oshkosh Ursa, Oskosh Grizzly and Pat C Beartrap) all run out of steam and he blows by them down the stretch.

best of handicapping

carl

carl



To: James F. Hopkins who wrote (17186)4/24/1998 6:24:00 PM
From: William H Huebl  Respond to of 94695
 
Jim,

Well my indicators STILL say the BIG ONE won't start until next week the earliest...

BWDIK?

Bill