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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 (18157)5/8/1998 6:02:00 AM
From: Mike McFarland  Read Replies (1) | Respond to of 94695
 
Off topic! Funniest post I've seen in quite awhile--
Message 4376534
Second best
Message 4376669

Enjoy!



To: James F. Hopkins who wrote (18157)5/8/1998 7:20:00 AM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
James - Will try to work up cap #'s for my port analysis.You are more versed in the ways of setting up computer programs - This is all very new to me ( not investing but computers)

Your observation of market top action is what I have noticed in past tops - I like the analysis as it quantifies what was more just a gut feeling I have tried to "feel" by watching advance/declines and highs/lows

Yes I do see downtrend - It appears to me to be oversold - or at least putting in some kind of reversal bottom - as indicated by Stochastics,rsi,momentum (charts below the supercap chart)

Don't you think that before a major reversal (final top)occurs - that the small stocks or small cap indices have to Blowoff.Granted the speculative fever of entremed and ktel are signs.I think it must be more widespread thruout more of the lower priced "dogs".Wish I had tracked small cap indices - right now it is just more of a gut feeling thing.I sure wouldn't pack it in eperb but it is a sign that I feel is yet to come.

IMHO

Bob