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

To: HairBall who wrote (23109)	8/3/1998 3:20:00 PM
From: James F. Hopkins	Read Replies (3) \| Respond to of 94695

LG; I see it a lot like you, I'm not saying BK , yet I do think more down side, and I doubt they can close up today, if they do it will be a lie. AND re> Today's intra day retraces, with divergence between indices, suggest to me that the S/MM are unloading accumulations during the intra day moves I see it that way too, they are unloading on any kind of a rally. Like you I want to see very heavy volume in the Blue Chips, right at their low of the day, before I think any up move will be for real. Jim PS, You and I may not see politics the same , but we seem to see the market moves the same way..with you maybe being a little ahead of me. <G> My having been a seaman all my life likely causes me to see the world from an angle that most "landlubbers" can't quite see. I think most seaman wind up with a different types of reference frames , that is those who travel. It's not the same as the jet set or regular tourist gets either, as we tend to gravitate to the more seedy side of the places we visit. <G>