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

To: Gersh Avery who wrote (21301)7/6/1998 11:50:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Gersh; It's likely a short squeeze on the internet stocks, but the
whole market is up today , even the SOXX ..it's broad based, with
the even beat up small caps now making gains.
Not a market you want to be short in.
Jim



To: Gersh Avery who wrote (21301)7/6/1998 10:06:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Gersh,

Remember, things have been consolidating for several weeks now... the time for the market to move is next week or so.

According to the Raff channel, the DOW now is in the center of the channel and not toward the upside, which means it is less overbought than it was.

Bill


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