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


To: William H Huebl who wrote (18688)5/19/1998 8:44:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Bill; I kind of expected it , yesterday was a little over done
but I think for me it will be a opportunity maybe to get some stuff off
the table. I don't think it is up and away yet, just another
knee jerk. In looking at my DOW head & tail , it surprised me as
I hadn't watched that very close in a while, but they have adjusted
your low of 8800 could be about right..they are in balance now so
there should not be any big skew, at least not in the DOW,
But for IBM I can't understand the high value they put on her
relative to HWP or Intel..she also seems over bought relative to the
rest of the DOW. No one expects ( not many any way ) an interest
rate hike, what was it you said about in the heat of trading,
the emotions get involved..anyway tath happens to the market too..
Jim