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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 (25174)8/25/1998 5:23:00 PM
From: Vitas  Read Replies (2) | Respond to of 94695
 
Air Force One

Gore and the Clinton's are flying on Air Force One. Bill looks at
Al, chuckles and says, "You know, I could throw a $100 bill out the window right now and make one person very happy."

Al shrugs his stiff shoulders and says, "Well, I could throw ten $10
bills out the window and make 10 people very happy". Hillary tosses
her perfectly hair-sprayed hair & says, "I could throw one hundred
$1 bills out the window and make a hundred people very happy."

Chelsea rolls her eyes, looks at all of them and says,"I could throw
all of you out the window and make the whole country happy".




To: James F. Hopkins who wrote (25174)8/25/1998 7:33:00 PM
From: Monty Lenard  Read Replies (3) | Respond to of 94695
 
Jim Here are the scans. NASD100 & SP100 & SP500 better than rest.
R2000 & SP600 got killed on NH NL & Adv vs Dec Volume & Issues.

Over 10 DMA
Date NYSE NASD SP500 SP600 RUT
03-Apr-98 59.9% 52.0% 69.4% 63.7%
17-Jul-98 49.7% 47.1% 52.2% 48.0%
30-Jul-98 24.3% 27.5% 29.2% 22.7%
31-Jul-98 20.3% 24.7% 18.4% 15.7%
03-Aug-98 19.1% 21.5% 19.6% 13.5%
04-Aug-98 13.2% 15.9% 6.0% 9.2%
05-Aug-98 13.2% 15.4% 9.8% 13.5%
06-Aug-98 18.9% 23.0% 19.8% 28.3%
07-Aug-98 32.3% 32.4% 29.6% 51.7%
10-Aug-98 29.8% 33.7% 27.4% 45.2%
11-Aug-98 19.2% 23.6% 16.6% 26.7%
12-Aug-98 31.5% 29.8% 38.2% 46.3% 39.8%
13-Aug-98 30.6% 29.0% 36.6% 40.5% 37.1%
14-Aug-98 30.7% 28.1% 30.0% 39.8% 36.5%
17-Aug-98 30.8% 28.7% 44.2% 41.2% 40.7%
18-Aug-98 41.5% 33.5% 62.4% 53.2% 54.4%
19-Aug-98 37.1% 30.1% 59.4% 37.8% 40.4%
20-Aug-98 32.2% 26.4% 54.2% 29.8% 32.3%
21-Aug-98 23.0% 21.5% 40.6% 24.2% 23.7%
24-Aug-98 24.8% 20.8% 49.0% 21.3% 22.9%
25-Aug-98 23.5% 19.8% 45.8% 20.2% 19.0%

Over 10 DMA
Date NASD100 SP100 SP400 SP600T50 SP500T50
12-Aug-98 48.0% 36.0% 39.5% 44.0% 30.0%
13-Aug-98 34.0% 33.0% 33.8% 34.0% 32.0%
14-Aug-98 28.0% 25.0% 32.8% 40.0% 26.0%
17-Aug-98 52.0% 44.0% 41.3% 46.0% 64.0%
18-Aug-98 73.0% 65.0% 60.0% 62.0% 80.0%
19-Aug-98 58.0% 63.0% 47.5% 56.0% 76.0%
20-Aug-98 53.0% 56.0% 41.3% 46.0% 64.0%
21-Aug-98 32.0% 50.0% 28.0% 32.0% 58.0%
24-Aug-98 28.0% 52.0% 29.8% 26.0% 66.0%
25-Aug-98 39.0% 52.0% 26.3% 30.0% 66.0%

Over 20 DMA
Date NYSE NASD NASD100 S&P100 S&P400

07/30/98 21.3% 24.0% 34.0% 35.0% 20.8%
07/31/98 17.5% 23.6% 25.0% 20.0% 14.5%
08/03/98 15.4% 18.2% 24.0% 15.0% 12.8%
08/04/98 10.7% 13.4% 9.0% 6.0% 6.8%
08/05/98 10.2% 12.0% 11.0% 10.0% 7.3%
08/06/98 13.0% 15.4% 17.0% 12.0% 13.0%
08/07/98 17.6% 21.2% 21.0% 14.0% 21.8%
08/10/98 16.2% 19.2% 27.0% 15.0% 13.8%
08/11/98 12.9% 12.1% 14.0% 11.0% 8.0%
08/12/98 17.1% 16.7% 24.0% 22.0% 20.0%
08/13/98 16.2% 15.8% 19.0% 14.0% 18.8%
08/14/98 17.7% 17.2% 17.0% 10.0% 20.5%
08/17/98 19.7% 18.0% 35.0% 27.0% 25.8%
08/18/98 29.7% 23.3% 55.0% 41.0% 40.3%
08/19/98 27.6% 23.1% 47.0% 45.0% 33.5%
08/20/98 27.8% 22.2% 42.0% 45.0% 34.3%
08/21/98 22.2% 18.6% 30.0% 32.0% 26.3%
08/24/98 24.2% 18.3% 28.0% 41.0% 28.3%
08/25/98 24.8% 18.1% 37.0% 43.0% 27.0%

Over 20 DMA
Date S&P 500 S&P600 R2000 SP600 SP500
T50 T50
07/30/98 25.2% 19.3% 18.6% 78.0% 52.0%
07/31/98 17.2% 12.7% 11.8% 72.0% 30.0%
08/03/98 16.0% 9.8% 9.9% 70.0% 24.0%
08/04/98 7.2% 5.5% 6.5% 60.0% 4.0%
08/05/98 9.4% 7.0% 5.9% 62.0% 10.0%
08/06/98 13.2% 15.7% 11.5% 72.0% 12.0%
08/07/98 16.4% 26.2% 20.3% 70.0% 12.0%
08/10/98 16.4% 22.0% 17.6% 68.0% 16.0%
08/11/98 12.2% 14.2% 10.4% 60.0% 8.0%
08/12/98 22.4% 25.8% 19.3% 62.0% 14.0%
08/13/98 17.4% 22.2% 18.1% 58.0% 14.0%
08/14/98 15.4% 23.5% 20.0% 58.0% 10.0%
08/17/98 27.6% 27.2% 23.8% 62.0% 32.0%
08/18/98 39.0% 41.0% 36.8% 64.0% 44.0%
08/19/98 38.2% 32.7% 32.0% 60.0% 44.0%
08/20/98 40.6% 28.8% 29.2% 58.0% 42.0%
08/21/98 33.8% 23.7% 23.3% 52.0% 40.0%
08/24/98 40.2% 22.7% 22.9% 52.0% 48.0%
08/25/98 42.2% 20.5% 20.8% 54.0% 60.0%

Over 200 DMA
NYSE NASD NASD100 S&P100 S&P400
07/20/98 48.1% 35.4% 62.0% 68.0% 56.3%
07/21/98 47.0% 33.9% 61.0% 63.0% 53.8%
07/22/98 45.9% 33.5% 59.0% 66.0% 51.3%
07/23/98 41.9% 32.0% 55.0% 58.0% 45.3%
07/24/98 41.6% 32.3% 55.0% 58.0% 44.5%
07/27/98 40.1% 31.8% 56.0% 59.0% 43.3%
07/28/98 38.0% 31.0% 55.0% 55.0% 39.8%
07/29/98 37.7% 30.0% 53.0% 55.0% 38.0%
07/30/98 38.7% 31.6% 58.0% 58.0% 41.5%
07/31/98 36.0% 29.9% 52.0% 55.0% 37.0%
08/03/98 34.4% 27.2% 50.0% 55.0% 35.0%
08/04/98 30.1% 23.9% 45.0% 51.0% 28.5%
08/05/98 29.2% 22.5% 47.0% 50.0% 28.5%
08/06/98 30.3% 24.7% 49.0% 48.0% 31.0%
08/07/98 32.6% 25.8% 51.0% 49.0% 35.3%
08/10/98 31.0% 25.5% 52.0% 50.0% 32.3%
08/11/98 24.8% 19.7% 46.0% 47.0% 26.0%
08/12/98 26.6% 20.6% 50.0% 52.0% 30.5%
08/13/98 25.3% 20.0% 48.0% 48.0% 28.0%
08/14/98 24.4% 19.8% 45.0% 42.0% 27.0%
08/17/98 23.4% 20.1% 51.0% 51.0% 29.5%
08/18/98 26.2% 21.5% 56.0% 53.0% 32.3%
08/19/98 24.9% 20.4% 52.0% 52.0% 30.8%
08/20/98 23.7% 20.2% 52.0% 52.0% 29.5%
08/21/98 21.8% 18.5% 43.0% 45.0% 27.5%
08/24/98 21.7% 17.9% 46.0% 45.0% 27.3%
08/25/98 21.9% 17.3% 45.0% 50.0% 27.3%

Over 200 DMA
S&P 500 S&P600 R2000 SP600 SP500
T50 T50
07/17/98 65.2% 49.0% 92.0% 94.0%
07/20/98 63.6% 47.8% 92.0% 92.0%
07/21/98 61.6% 46.0% 92.0% 90.0%
07/22/98 61.4% 44.5% 88.0% 94.0%
07/23/98 56.8% 41.8% 86.0% 86.0%
07/24/98 55.4% 40.2% 86.0% 92.0%
07/27/98 56.2% 38.5% 84.0% 92.0%
07/28/98 52.2% 36.7% 80.0% 86.0%
07/29/98 51.8% 37.2% 74.0% 90.0%
07/30/98 53.4% 38.0% 78.0% 90.0%
07/31/98 48.4% 33.0% 72.0% 86.0%
08/03/98 47.2% 30.5% 70.0% 86.0%
08/04/98 39.6% 25.2% 60.0% 76.0%
08/05/98 40.4% 25.8% 62.0% 76.0%
08/06/98 41.8% 29.7% 68.0% 74.0%
08/07/98 43.0% 33.8% 31.0% 70.0% 74.0%
08/10/98 41.2% 31.2% 29.2% 68.0% 74.0%
08/11/98 36.0% 24.5% 23.6% 56.0% 70.0%
08/12/98 41.0% 28.5% 26.8% 62.0% 76.0%
08/13/98 38.2% 26.5% 25.4% 58.0% 68.0%
08/14/98 34.6% 26.5% 25.0% 58.0% 64.0%
08/17/98 39.8% 25.3% 25.6% 62.0% 76.0%
08/18/98 42.4% 29.5% 28.7% 64.0% 78.0%
08/19/98 41.0% 26.7% 26.5% 60.0% 76.0%
08/20/98 40.4% 24.7% 24.8% 58.0% 72.0%
08/21/98 36.6% 22.7% 22.6% 52.0% 60.0%
08/24/98 38.6% 23.3% 21.9% 52.0% 62.0%
08/25/98 38.8% 22.2% 20.8% 54.0% 64.0%

Very mixed except the small caps are still getting murdered.
Will post you a breakdown on AD's on RUT and a couple of others
later so you can see what I mean. Althought the Indices show it
I guess. Noticed the RUT close below 390 today.

Monty




To: James F. Hopkins who wrote (25174)8/25/1998 9:38:00 PM
From: Monty Lenard  Read Replies (2) | Respond to of 94695
 
but if we gap down in the morning

Jim, don't know about the gap down(you may be right just can't tell) but I believe we will get to test some lows again. Looking at the charts we got shooting stars on the NASD, Transports, Dow, SPX, etc. Also, got 2 inside up days which is not good.

If my memory serves me correct all the upside was real early and very quick. I think it was short city after that and the rally toward the close was probably people seeing the gapup getting filled and covering their shorts. (While I don't think the DOW & SPX gapped up, they ran too hard and too fast at the open- but I bet some tried to buy it and ended up getting in at the top).

I know if I had shorted it I would have covered a little before that gap got filled. BWDIK Just speculation, nothing at all to base it on.

Monty