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


To: P.Prazeres who wrote (22883)7/31/1998 6:08:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Tahts the 50 DMA it went below.. :-) & here ths will give you a
few to chew on..
quote.yahoo.com@^DJI&d=2ym
all 30 of em <G>
But of that bunch these 10 are the ones to watch the most as this
is the HEAD , liquid part. they have roughly 4 times more cap
than the other 20 put together.
Symbol 52-week Range Last Trade Volume Change
^DJI 6971.32 9367.84 4:18PM 8883.29 N/A -143.66 -1.59%
DIA 76 5/16 93 5/8 4:14PM 88 17/32 234,400 -1 45/64 -1.89%
GE 59 96 7/8 4:35PM 89 7/16 5,868,200 -1 7/8 -2.05%
KO 50 88 15/16 4:11PM 80 1/2 3,577,700 -2 1/4 -2.72%
XON 54 3/4 76 4:35PM 70 1/4 3,265,900 -1 7/8 -2.60%
MRK 82 139 1/8 4:15PM 123 9/16 2,165,400 -2 5/8 -2.08%
MO 34 3/4 47 7/8 5:01PM 43 13/16 6,359,800 -3/16 -0.43%
PG 62 94 5:01PM 79 3/8 7,855,800 -4 1/4 -5.08%
T 35 13/16 68 1/2 4:31PM 60 5/8 6,394,300 +11/16 +1.15%
IBM 88 5/8 133 3/4 5:01PM 132 1/2 6,594,000 -7/8 -0.66%
JNJ 53 79 3/8 4:01PM 77 1/4 1,583,500 -2 1/8 -2.68%
WMT 30 1/4 69 11/16 4:01PM 63 1/8 3,614,900 -1/2 -0.79%

Yet keep in mind the dow is not cap weighted..
if she losses her liquiod then she can fall big time,
the tail can't hold up the head but so long..
right now she don't look to sick.
The DIA is not a part but the AMEX diamond
Jim



To: P.Prazeres who wrote (22883)7/31/1998 7:25:00 PM
From: William H Huebl  Read Replies (3) | Respond to of 94695
 
Paulo,

Great post... I want to clear up some facts... PG dropped and closed below it's 200 day MA on Oct 27, 1997 which was about 9 months ago!

Also, I know something is coming but I expect it will be when we LEAST expect it and not when everyone and his brother is looking for a crash.

Like when the Prez releases de video.

So the BK may be coming but I don't expect it right now... BWDIK?

Bill