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


To: bobby beara who wrote (19621)6/2/1998 11:27:00 AM
From: James F. Hopkins  Respond to of 94695
 
Bobby; The jump in interest rates over rode the futures, while the
futures caused a gap up , ONE MORE TIME the market flew in their
face.
The OEX jumped up only to go into a free fall and the
super caps even more so. I do not see any thing to support
any meaningful rally, program trading still rules.
While the market is trying to put in a bottom I doubt it will
make it here.
Jim