Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jerry Olson who wrote (38718)	3/18/1999 8:14:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

OJ, how about a range bound market ?? DOW 10,000 IMHO is meaningless except for J6P, who is already fully invested. The important numbers are unemployment and it is rising in our area - bad for stocks. The market rose for the wrong reasons 1. Trade Deficit higher - lowers the GDP, but will weaken the $$ and bring about inflation 2. Small retreat in oil prices and the ability of the airlines to raise prices - again inflation 3. MO won in some important litigation - unrelated to the economy. 4. IBM rumored to pre-announce weak earnings hold the DOW at 10,000 Haim

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