Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: joe smith who wrote (19970)	6/8/1998 2:03:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

HI Joe; Well I've found there are times it's not wise to guess the market. Generally at those times I drop anchor ( go cash ) and try to focus on some what if's. Right now it's mostly interest rates I'm looking at. With any big change in the value of the dollar 2nd, and then some basic TA , we just hit a short term resistance level Friday, and the last low was higher than the one before it. I kind of expect a pull back but won't count on it, and I'm thinking we might not drop below the recent support any time soon, unless the interest rates move up for a few days. It's hurry up and wait time for me. Jim