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

To: yard_man who wrote (23783)	8/9/1998 11:15:00 PM
From: James F. Hopkins	Respond to of 94695

Tippet; The thing is I know I don't know, and as long as I have that in mind I think I'll be objective enough to come out ahead of the ones who know they know. I see a good chance of more downside, but it's not made it's case strong enough yet for me to go permanent short to wait on it. The last cycle up before a large correction is more often than not a small cap run away and to an extent that the market loses it's ability to be liquid. Small caps can go up a lot from here before that happens, and I doubt this time will be the exception, even though I know it could be, I don't consider it a good bet. Jim