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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 (22625)7/29/1998 12:03:00 PM
From: donald sew  Read Replies (1) | Respond to of 94695
 
Jim,

>>>>>>It looks like maybe the small caps have put in their bottom,
the rally today is not dramatic but it's across the board <<<<<<<<

For me to have any confidence in a small cap reversal, I would need to see the 440 resistance line broken, and that is based on a peak formed last JAN. The more appropiate resistance would be in the 455 range.

Seeya



To: James F. Hopkins who wrote (22625)7/29/1998 6:37:00 PM
From: Elllk  Read Replies (1) | Respond to of 94695
 
Jim

Bear parade on CNBC seemed to have ended today and they even had a couple of analysts in early a.m. talking up small caps.

Larry