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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (2536)7/16/1997 10:10:00 AM
From: bobby beara   of 94695
 
Bill, I agree with your sentiment indicators, It's getting really lonely in bearland, but I have a hard time seeing a Kahuna, maybe a profit taking sell-off. Yes, Intel did lower the bar but they still had 59% y-y growth, not shabby.

And the money keeps flowing in. Valuations are irrelavant all bears will be absorbed.

Just watching an interview with Bernie Shaffer, says sentiment highest since 11/96 and the market sold-off 3% and off to the races again, he sees nothing to derail this thing and right now I tend to agree.

Bob
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