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

To: James F. Hopkins who wrote (22536)	7/28/1998 10:18:00 AM
From: robert b furman	Read Replies (1) \| Respond to of 94695

sox.x leading the way - on bull market trap - or is it fresh new leadership rotating from the MO MO 's to the value ? Boy If I just knew the answer Bob P.S. looks like a short squeeze going on with NVLS,AMAT - Sure looks like bear trap was set last week. Note to bobby beara - am watching those market timer wannabe numbers thanks for the post.

To: James F. Hopkins who wrote (22536)	7/28/1998 11:26:00 AM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

Jim: I agree- Cliffs is so cheap tho! One spin on this is we have severe chronic water shortages across the nation, they also drill for water. The business isn't going away. When I see the carnage in the small caps it reminds me of the tale of the great depression- small companies went bankrupt and huge companies became microcaps. The S&P smallcap index is really undervalued. I keep thinking the index fanatics will switch to the smallcap index (where many of the drillers reside), quite the opposite has happened. smallcaps have broken all support here, look out below.