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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 (24811)	8/21/1998 3:09:00 PM
From: HairBall	Read Replies (1) \| Respond to of 94695

James: This move down day contained way to many stocks gaping down. That always sets off alarms for me. The Dow Utilities have been bucking the trend today. The Utilities reversed just before noon EDT, at the lows for today. Worked its way into positive territory and has stayed there. Appears, S/MMs doing some big accumulating at the lows today. We may have put in a short term bottom today. BWDIK Regards, LG EDIT: As I write this, seeing some distribution going on now! Strapping on the parachute again, just in case.