Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (1225)	6/21/1997 4:09:00 AM
From: Skeet Shipman	of 94695

Hi Bill, As this 20th day waned, traders stocks & options changed. 8 does not make 7 as the way is paved for financial houses of cards. Both debtor and lender be, to strut across the stage. Do wisps of smoke foretell of monday's wilt?... The Nebulae resumed its international flows as evaluations resisted the incoming flows. With the Nebulae still signaling buy I am finding it almost impossible to find a reasonably valued play. I fear the techs and feel the large internationals are at least fairly valued. The second tier looks overvalued and showing signs of weakness. And the small caps are only undervalued if you except the optimistic analysts' projections. With a weak consumer that's hard for me to do. Prudential initiated coverage of GE with a buy recommentation! I'm glad they finally started following such a little known stock. Do you have any ideas for long positions? Lets join the crowd. As far as shorts & puts what do you think about any of the recent stock splits that have run up? Skeet

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