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

To: Greg Jung who wrote (19808)	6/5/1998 12:27:00 AM
From: James F. Hopkins	Respond to of 94695

Greg; re > There really hasn't been a climax on the downside yet<< Maybe in the SOXX ? But else where that's the signal I'm looking for. Unless April 28th was it ? But that was not all that much of a climax. Still the Super Caps are fighting hard to break the trend line to the upside. By tomorrow after noon maybe we can tell, signals sure are mixed. This could be a dead cat bounce in the SOXX, as she done dropped 20% in the last week and a half. But broader all the other major indexes had more new lows, than new highs, including the NAZ..the rally was more in the recently hard hit tech sector which helped out the S&P. Jim