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


To: SE who wrote (17734)4/30/1998 4:38:00 PM
From: Byram  Respond to of 94695
 
Yea - Just yesterday guys were saying (EXPERTS-hah) we may have a few rallys but, this thing needs 5% or so more down....But now..they are all thinking and saying... - straight NORTH
Whatever....I had an OK week..you know like winning in Vegas and blowing most of it on wine, women, women and song.....
Oh well - I am helping the trickle down economy...
Ya'll have fun tommorrow....Gotta drive the tractor some.....(Good therapy)
I guess I'll be lurking some -

May your losses be small and your gains be HUGE,
Byram



To: SE who wrote (17734)4/30/1998 5:40:00 PM
From: ratan lal  Respond to of 94695
 
Scott

PS - Of course I reserve the right to change this opinion on a dime, if I feel like it! :)

And I will definitely change it, Specially after the fact.

ratan



To: SE who wrote (17734)5/2/1998 10:10:00 AM
From: James F. Hopkins  Respond to of 94695
 
Scott; For what it's worth I see the same thing as you,
the uptrend line has been broken, and a down trend line
formed in the Super Caps starting at April 5th..,
it got steep on the 20th to 28th, and has moved up enough
to break that short line, but it's not up enough yet to break
the down trend strated on the 5th.
If the super caps don't get up enough this week then the
down trend is confirmed, but they do not have far to go now.

Monday will set the tone for this coming week if it is a
good day for the super caps I'll figure the down trend to
be off, if things go down Monday the Bulls had better take
heed.
Jim