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


To: Bonnie Bear who wrote (35879)12/31/1998 8:11:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Hi Bonnie; Merry Xmas, and Happy New year to ya, long time no
hear from you.

There are to many in the R2000 for me to track, I have a hard time
with the sp600.. ,but it's was not just the r2000 up, the MID400 up too..broad move, while to not strong..yet it was in the smaller & mid caps, and not so much the result of new money..or if it was; someone took some chips off the table with the big caps.
----------------
I was busy today doing some swaps for the tax man this year.
I had a couple of losers I didn't want to dump, so I sold em
and bought em back. <G>
The sml600 has done nicely since OCT.
It may run some more but if it does with the big caps falling
we could get in deep kimshee.

Would you look at the MID400 today, up almost 4%
quote.yahoo.com^mid+%5Ehfx2++%5ESPX++%5EOEX&d=1d
the opposing swing between them and the Super Caps, caught my
eye..if that keeps up it won't for long.
---------------
I've said for a long time if your wanting to see where the market
is heading look at the BIG MONEY, ( not so much the smart money,
as big money is not always smart ) But In the struggle of
the stock-market , Big money will win over brains when it comes to determining stock prices.
Jim