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


To: William H Huebl who wrote (25787)8/31/1998 12:46:00 PM
From: James F. Hopkins  Read Replies (3) | Respond to of 94695
 
Lot of panic in the market, worst I'v seen since I started watching
in 96 , I guess at some point it just spreads and spreads, they are
dumping the super caps , index funds don't have a choice.
These suckers are leading the market down and that smells bad.
My super caps are down over 4.13% TODAY, and this morning I said they
could lose 5% but I didn't thing they would do it in one day..or
without a bounce. Another 1or 2 % and we are past the capitulation
stage, and going into melt down stage.
Jim