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


To: HairBall who wrote (26056)9/1/1998 4:59:00 PM
From: James F. Hopkins  Respond to of 94695
 
LG; I listen hard today to the cases put forward on CNBC with a mountain of interviews with the bigger brokerage houses. It's was
both bull and bear but the arguments for either case were weak.

I look at my indicators and they are all mixed up.
I conclude that from now to Christmas no one "knows" the experts
don't know ,and I think most of them realize that.

If any one does know they are not talking or making a case that
no one can punch holes in. They often but forth stronger
arguments than they did today, with both sides stacking up their
respective evidence. What I finally heard beyond what they were
saying , was there is for sure uncertainty in and about the
future of the market at least going forward from here for the
next several months. They all seem to agree it will be more
volatile than usual. Does that mean it will go flat ? <G>
Well after this post I will post my tech portfolio, which I
posted a week or so ago. It's going to surprise a lot of people
considering the correction, not just because It's still UP over
17% since Jan 14th , but because it's so simple.
At one point it was up almost 40%, even during yesterdays
sell off it had 99.9% of the mutual funds beat and beat bad,
you got to kill these monsters if you are going to kill the
bull, and they don't die easy.
Jim




To: HairBall who wrote (26056)9/1/1998 8:13:00 PM
From: William H Huebl  Respond to of 94695
 
LG,

The move down for the time being.

Bill