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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 (26024)	9/1/1998 12:33:00 PM
From: Tom M	Read Replies (1) \| Respond to of 94695

NAPM: "Collapsing foreign demand for U.S. products fueled a third straight month of contraction in domestic manufacturing in August, with no imminent reversal in sight, analysts said." exchange2000.com Jim, today's main fundamental news does not support UP for a direction, longterm of course ;-) Tom

To: James F. Hopkins who wrote (26024)	9/1/1998 12:37:00 PM
From: P.T.Burnem	Read Replies (2) \| Respond to of 94695

No confirmation from $XBD (brokerage stocks).

To: James F. Hopkins who wrote (26024)	9/1/1998 12:49:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 94695

Jim, it may be no joke, but will it last? Aren't you concerned that the tick is so flat? Also, the Trannies have been a pretty good indicator lately of whether a given rally or decline is for real. This morning, they didn't participate in the early rally and lead the way in the 10:00 collapse. Now, with the Dow +200, the Trannies are still flat. What is telling you that this is anything more than just another soon to fail rally? Bob