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


To: Bonnie Bear who wrote (19903)6/6/1998 12:53:00 AM
From: James F. Hopkins  Respond to of 94695
 
Hi Bonnie; Well this run up today looked better than the bubbles
of the recent past, the HFX super cap index lead the rise.
That adds a little liquidity to the market. Internals looked OK
today but they have been weak for most 2 months now that I'm not
sure one good day can fix em.
This is an interesting chart for new highs / new lows
decisionpoint.com
which to me speaks a lot about the strenth, or lack of it in the
market.
Our rise right now seems to be at least in part to the low
30yr bond rate. With the British going up on rates, it sure could
start something, like you said the crack in the hull.
Jim