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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 (20460)	6/15/1998 10:44:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

Why should they CARE? The market always goes up in the long run (hand gesture up) doesn't it? (accompanied with a nod)...<g> ROFLAMOJ russell

To: William H Huebl who wrote (20460)	6/16/1998 12:14:00 AM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

I may be dead wrong...but...the support in Japan, Hong Kong and Taiwan looks positive for tomorrow. The Russell 2000 and S&P smallcap index are below their moving averages and there are certain sectors- REITS, some small techs, retailers, small financials- where I can find healthy businesses below book value. The divergence is HUGE. So I'd expect to see some mutual-fund buyers come into the smallcap sector soon to support the index. If we learned anything from last fall it is that big money does not want a derivatives collapse.