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


To: joe smith who wrote (19223)5/27/1998 1:12:00 PM
From: James F. Hopkins  Read Replies (5) | Respond to of 94695
 
JS; Roger on time to cut the grass..the market is spooky..
support is holding so far, but it looks sick..the bears are
charging again but they look sick.
Both sides look like they got the flu..<G>
The artillery is not working, interest rates are dam near at a low,
and the stocks should advance but refuse to do it.
The small caps are taking the biggest hit, the speculative stocks
are being cashed in, some movement into the larger caps but will
it be enough ?
Support will hold today , and each side will look at the Foreign
markets tonight, what will they see ?
Chances are the Foreign markets seeing us down will drop, then
us see them drop will cause a new charge by the bears at the
support line in the morning. If any one starts selling bonds,
and interest rates go up this could get ugly.
I want to buy the dip so bad it hurts ! But I think I'll go cut
the grass.
Jim