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


To: coug who wrote (22256)7/24/1998 2:12:00 PM
From: James F. Hopkins  Respond to of 94695
 
Coug; It's starting to look like it, liquid is getting better,
generaly does before the tail starts up.
here is the OEX TOP 15 , ( they make up over 50% of the OEX )
Symbol Last Trade Chg Value Change Volume Day's Range Mkt Cap P/E
^OEX 2:00PM 560.18 +4.08 - +0.73% N/A 552.68 561.60 N/A N/A
GE 1:40PM 91 9/16 +1 9/16 $51.56 +1.74% 3,684,600 89 7/8 91 5/8 298.3B 34.88
MSFT 1:45PM 114 11/16 +1 11/16 $40.50 +1.49% 11,894,600 112 7/16 115 5/8 282.6B 67.66
KO 1:40PM 83 3/4 +3/4 $18.75 +0.90% 1,930,800 82 13/16 84 1/8 206.8B 54.11
XON 1:40PM 70 5/8 +1/2 $12.50 +0.71% 1,464,400 69 5/8 70 11/16 172.8B 22.87
MRK 1:40PM 125 3/4 +2 5/16 $27.75 +1.87% 2,315,800 123 7/8 125 15/16 150.3B 31.20
INTC 1:45PM 83 1/16 +1/2 $8.00 +0.61% 10,346,500 81 5/8 83 11/16 140.9B 25.56
WMT 1:40PM 63 1/8 -3/8 -$8.25 -0.59% 2,988,800 62 5/16 64 7/16 141.1B 40.89
IBM 1:39PM 124 7/16 +9/16 $5.62 +0.45% 2,035,100 122 1/2 125 15/16 117.3B 21.28
BMY 1:40PM 116 15/16 -1/16 -$0.62 -0.05% 1,573,600 116 118 1/2 116.4B 35.86
T 1:40PM 59 1/4 +5/8 $10.00 +1.07% 4,146,300 58 5/8 60 96.234B 19.49
JNJ 1:40PM 75 13/16 +13/16 $10.56 +1.08% 1,478,300 74 5/16 76 7/16 101.9B 30.44
AIG 1:40PM 145 7/8 +3/8 $2.62 +0.26% 781,400 143 3/4 146 7/8 102.1B 29.65
DIS 1:40PM 36 13/16 +9/16 $3.94 +1.55% 3,123,900 36 1/16 37 75.289B 39.56
DD 1:40PM 61 15/16 +1 $11.00 +1.64% 3,124,200 60 9/16 62 1/4 69.896B 32.04
HWP 1:40PM 57 1/4 -3/16 -$1.88 -0.33% 2,517,700 55 7/8 57 7/8 59.509B 19.50

Totals:
$192.06+0.93%
NOTE THEY UP .93%; OEX up .73% so rally is into the super caps so far.
-----------
That's typical of a turn. They drop some first, then the tail goes
south hard, then these stop and reverse and the tail catches on late
but a big blow off top has the tail going way up beyond the
leaders, that never happened..so this is a trading thingy
It just went lower than I expected, but it also went higher
than I expected last time too..the volatility is wild.
The Brokers love it.
Jim
Also Note every one even the losers are off their lows nicely.