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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 (19231)	5/27/1998 1:18:00 PM
From: yard_man	Read Replies (1) \| Respond to of 94695

>>Chances are the Foreign markets seeing us down will drop<< I think you'll see a rebound in foreign markets overnight -- not to erase the last week, but a rebound. BWDIK.

To: James F. Hopkins who wrote (19231)	5/27/1998 1:44:00 PM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

James......go cut the grass.........there is another wave down in the cards....wait for that one before you try being a dipster. carl

To: James F. Hopkins who wrote (19231)	5/27/1998 1:47:00 PM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

James....4% on the DOW is not the end of the correction .......I'm looking for under 8700 before the talking heads start talking about "healthy"....... carl

To: James F. Hopkins who wrote (19231)	5/27/1998 1:53:00 PM
From: yard_man	Read Replies (1) \| Respond to of 94695

Cut the grass tomorrow morning for a little while, too. <VBG>

To: James F. Hopkins who wrote (19231)	5/27/1998 7:35:00 PM
From: joe smith	Read Replies (1) \| Respond to of 94695

james, major indexes came roaring back like a bull that saw red. it was pretty ugly earlier. the small caps were for the most part left out of the afternoon orgy as usual. large caps like dell,msft,lu,lltc,tlab,gtw,amzn,yhoo,aol,hboc etc surged. very narrow breadth to the rally. rally saved my buy of dell though. in at 85 yesterday, down to 81 1/8 today and then a surge to 86 3/4. i got out at 85 1/2 and was glad. i dont care if it goes to 100 tomorrow. no more longs for me. i will play it from the short side on pops. was going to short a 1/2 position in amzn at 82 then felt market would be up tomorrow and i could sell for 85/86 range. used a little discipline in the am. couldnt resist when it hit 85 though. entered an order at lombard, but they couldn't borrow shares so it was rejected. fifteen minutes later discovered that and tried at datek. got 500 short at 86 7/8 almost 2 bucks higher. all i can say is this market is insane right now. i feel dizzy from the swings we are getting. i wonder if we will be up tomorrow or was this just a rally to give big guys another chance to distribute stock. i think so and will short the rallys for as long as i get the opportuity. good luck. another couple days like this and i will have to replant the lawn. js