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

To: bobby beara who wrote (39618)	4/20/1999 1:02:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Bobby; Good..and that fits with my old Head/tail of the DOW, Here are the BIG CAPS in the DOW ( 8 of them any way,) and note only XON is above the DJIA line..all the rest are below it, so the HEAD is down, or the DJIA is standing on its tail, when you think about the fact that the first 10 have 4 TIMES the money in them than the bottom 20 , you can see that if the head dips , in time the tail must come down ( the index will adjust to a mean point between the BIG CAPS in time..) zipping above and below it.. but it's over bought right now for the amount of liquid in it. quicken.com And due a small correction. Jim

To: bobby beara who wrote (39618)	4/20/1999 1:07:00 AM
From: Mike McFarland	Respond to of 94695

Hello again thread... It isn't often that I visit, but I've been immersed a handful of microcap biotech stocks...and have not really followed the market in general. However...I happened to just now pull up the five day chart of SUNW...and I just about fell off my chair. I am perfectly content to hold on to my picks through any market trouble...and I'm two-thirds cash so would actually like to see the market correct severely. However, when you see a chart like that SUNW chart, heavy heavy volume and stair stepping down from $70 to $50 in the last week, and each day with higher volume...well, it sort of freaks a person out. It did me. I guess I'll have to read the past few hundred posts here tonight, geeze, what a bloodbath. Had no idea that was going on.