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


To: TA2K who wrote (37182)2/5/1999 11:52:00 PM
From: Bonnie Bear  Respond to of 94695
 
NK...A suggestion...limit yourself to the stocks of the Dow and the S&P 100. The game being played right now is that money is being moved around to prop up the indexes. Greenspan and company know that pension money is indexed and they're doing weird things to protect it ..because it means less money will be required for Social Security. Take a look at the chart of HON...you see the recent gap-down-gap up on huge volume? Look for that kind of volume ...if the stock has already had a huge runup, it's usually time to short it; if it's been kinda dead, it's likely that money is moving in.