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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 (20434)	6/15/1998 8:45:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

Bill, anything open in foreign markets is down... I'm not saying they can't pull it out of the fire again but it is looking less and less likely that they want to. All the rallies for the last couple of months seemed to be for more distribution of stock,, If they think no one will take the bait, I don't think they will do it. Less and less have been biting lately IMHO... Either the fish are full or there ain't any... russell

To: William H Huebl who wrote (20434)	6/15/1998 8:58:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Right now I expect a gap down in the morning , ( that's why I dumped late today ) maybe get a knee jerk like Friday, but I'm not grabbing any more knee jerks now till DOW hits 8500, or S&P 1040, all the signs said over sold and going up , but look at what happened. I got out with a small loss only because I got in at Fridays low. Still with spread and commissions this is dieing a nickel and a dime at the time. I have made some good calls but not made frazz in the way of trading them since April. Damm the CP trading and all the knee jerks it causes. If the Japanese don't kill the market with their "carry" on the interest spreads and shorting their own currency, Our index funds will do it in due time. Jim