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


To: Vitas who wrote (20533)6/17/1998 1:21:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Vitas: I'm mostly on the side lines, to much volatility, interest rates acting crazy, and the move up is in to few stocks.
I'm just going to let the smoke settle till after witching day,
and then a few.
Jim



To: Vitas who wrote (20533)6/17/1998 1:47:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Vitas; I did get over sold signals Friday and went long, but I closed
yesterday, other indicators look fairly good from my TA standpoint,
The DOW head is up , and the Top 50 of the S&P are up, and the
Top 15 of the OEX are up. So that gives her liquidity, still I won't
lose much waiting in cash until I see the FA side looking better.
Did you know that the top 50 stocks in the S&P control over 50%
of her moves ? and the Top 15 in the OEX control over 50% of
her moves ?
Jim