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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 (24116)	8/12/1998 11:51:00 PM
From: HairBall	Read Replies (2) \| Respond to of 94695

James: In all honesty I don't know. I had a lot of flags going off in the latter part of July. So, I went to cash and got most of family to go to cash also. Having said that, I just try to be on the right side of the trend. That is basically what my stuff does. I usually do not get out at the exact top or the exact bottom, but close works for me! <g> I am more an investor than a day trader. So far my stuff still points down. And, I am looking for a capitulation day. You know the one where the S/MMs (Big Boys) get to pick up enough stock to help power the next leg of the bull. However, I just can't see the Big Boys letting the market tank before Sacs IPO's. In addition, a sentimental contrary indicator for me: IBM signaled the crash in OCT 87. It is still looking good, for now. So, actually I guess I am mixed! BWDIK Regards, LG PS: But, I do think S/MMs may have set tomorrow up for a down day.