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

To: epicure who wrote (18982)	5/22/1998 2:43:00 PM
From: Oeconomicus	Respond to of 94695

X, where do you see strength? Only the Dow is really rallying much - the NAZ is still weak and Nasdaq and NYSE breadth are decidedly negative (5/3 and 17/9 in favor of declines respectively). Not convincing yet, I agree, but if it's a trap, I'm not sure who it's set for. Bob

To: epicure who wrote (18982)	5/22/1998 2:47:00 PM
From: HH	Respond to of 94695

My gut feel is that this little rally that I'll call "Hearbreak Hill" will fade and selling will get more vigorous. No charts , no figures just GUTS..... (and the fact that I own some puts.-ggg-) HH

To: epicure who wrote (18982)	5/22/1998 4:09:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

X; I don't know..I came cash today except for some small gold stocks. It does look like the MID and Small caps sold off to save the blue chips. And this could work for an up week next week as the internals did get more liquid ..it's been a coin toss and narrow trading range now for two weeks. She seems to have some support 1110. But I'm not happy long, or short over the week end. Even if next week is up if she don't break out of her trading range I won't be going back in till I see what she looks like early June. IF next week is not up , it good get ugly. Jim