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

To: William H Huebl who wrote (20041)	6/10/1998 6:56:00 AM
From: Tom M	Read Replies (1) \| Respond to of 94695

>>now we are in the down part<< Did you see the overseas carnage: quote.yahoo.com lots of 4 and 5% down. Haven't seen a day like that for a long time

To: William H Huebl who wrote (20041)	6/10/1998 10:10:00 PM
From: Nancy	Read Replies (2) \| Respond to of 94695

Bill, well, we'll see how much leg this downside has. the new low list on NYSE reached triple digit for the second time since Jan. First time was on 05/27 with 177 new lows I believe, but on 06/04 when Dow tested 8750 the third time, new lows only 81 on NYSE, today Dow didn't make new low, however, new lows reach 147. Breadth is incredibly poor today. Even oil related stocks are hard hit, I dont believe they can fully account for the huge jump in the new lows and the poor A-D 995 vs 2039.