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

To: bob wallace who wrote (34156)	11/22/1998 10:34:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 94695

Hi Bob .. Just curious, what do you think would be required to cause the big boys to cover their short? Gersh

To: bob wallace who wrote (34156)	11/22/1998 10:56:00 PM
From: donald sew	Read Replies (1) \| Respond to of 94695

BOB, >>>>>>>> I know for sure is that right now, as we speak, the big boys are short.... <<<<<<<< Its interesting that you mention that. When I was talking to my broker after the close on Friday, it was mentioned that he was aware of little institutional buying, then I checked the TICK. The highest the TICK got was 400, with the DOW closing over 100 points. It implies that the small guys were buying with little help from the big boys. If the big boys step in with the small guys buying, the market could pop up strongly, but if the big boys stay away it wont be long before we could see some selling very soon. I have also noticed that on many of the stocks I have been watching, some moved up nicely on FRI, but was on light volume. Seeya

To: bob wallace who wrote (34156)	11/22/1998 11:07:00 PM
From: KM	Read Replies (2) \| Respond to of 94695

Commitment of traders shows nearly flat, moving from net long, liquidating.

To: bob wallace who wrote (34156)	11/22/1998 11:13:00 PM
From: Jay	Respond to of 94695

Re: "the big boys are short...." Are the big boys always right? Is that why they're big boys? Didn't some of the biggest boys (e.g. LTCM) get decimated recently. Just wondering....