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

To: Berney who wrote (17291)	4/25/1998 3:29:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Berny; I talk about the DJI Head/Tail a lot just to convey the idea, what I write tends to be more academic than what I do.. If your Bambi works about the same way as you say it does then we share the same basic idea. I don't just rely on that alone, there are other things I look at , many more than I have the time or ability to explain. I'll just go on record for now, The down trend is already started, buy the dips is done, it's now short the spikes, and I'm already short. Yesterday I had a few reservations, and felt I should have hedged..but come monday I'll be shorting more and on spikes if I can find them. While the market was climbing I bought dips and sold when they rallied..but can see had I not danced in and out so much I would have done just as good or better..up till a week ago. ------------------ As I go short this time I won't be dancing I'll hold them till the trend turns..we are not fixing to go down..we are already doing it. The trigger has already been pulled..I don't need to wait for the bullet to arrive. --------------------- If it reverses I'll be fast to call out..but the down trend is already here..and it started early April..it's just being masked by some of the indexes. --------------------- Jim