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


To: Monty Lenard who wrote (19619)6/2/1998 11:08:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Monty ; Thanx , no I don't have Quotes +, if you could post it
from time to time I think it would be very informative,

I don't see it so much as a real short term indicator but a
dog gone good one for the general directing , and over time
we might see about how far the market trails it. But we would
have to keep in mind that as a leading indicator it may not
have the same lead time going down as going up.

And deviations in it may not be uniform , still when it comes
to having 60% below the 200 MA, while the index itself is
10% above you got to know down pressure prevails.
--------
I'd like to know more about Quotes + , but kinda doubt I have
the time to get into it, I keep telling myself I'm going to
just go into Money Markets with my trading money , let my
bonds ride and hang this up for a while, I'm not worth a flip
in a down market , as my style is simple and is to buy dips in an up trending market.

I got no idea right now how long this will
last but being I stay about 70% in bonds and only trade at
a max 30% in stocks ( 60 yrs old ) I can do better off shore in
the next 2 yrs than I can fooling around with this crap.

Every time I go off shore and leave money on the table it seems
I come back to find out the market crashed 10 to 15 % <G>
Jim