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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 (19835)6/5/1998 12:42:00 PM
From: Kona  Read Replies (2) | Respond to of 94695
 
James, I'm watching the hi/lo like a hawk and I just don't buy this rally. No participation today from DELL, MSFT or PFE and all the talking heads have stopped mentioning "warning season".



To: James F. Hopkins who wrote (19835)6/5/1998 1:42:00 PM
From: Oeconomicus  Read Replies (2) | Respond to of 94695
 
Jim, Goldilocks must have microwaved her porridge. It got a little hot first thing this morning (jobs report), but it cooled off just enough (MOT layoffs and GM strike) that it seems to be "just right" again.

But, will the S&P make it back over the 50 day or will we all get a chance to use the term "bull trap" without being laughed at by the bulls?

Bob