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

To: HairBall who wrote (22259)	7/24/1998 3:07:00 PM
From: James F. Hopkins	Respond to of 94695

LG ; She will now have to drop below 1130 for me to even think about being Bearish. I can see Cash as king for them that don't want to be long over the weekend, ( if they are already in cash ), But I damm sure wouldn't want to be short over the weekend. And I feel any one who sells now is pron to be throwing money away. ------------ I have a whole list of indicators and triggers I look at, but the best they often do is give odds. The main thing is knowing what they can't do. The odds favor a rebound , but no one can tell if it will happen or hold if it does. No one, and I know that much. It's not often I see something strong as I did on the 16th saying sell, and I can't say I see things that strong now with a buy, but I do see enough that says don't stay short unless you like to take big risky chances. ------------------------------- If your cash stay that way, if your long hold, if your short cover, woud be what I would tell others, ( BUT I'm buying the dip ) Jim