Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Arik T.G. who wrote (2969)	7/21/1997 7:29:00 PM
From: Mark	of 94695

Arik, Wow, bull date of death predictions. Just FYI, a contrary opinion from Goldman, the TA Director at AG Edwards who just finished saying on Nightly Business Report that all technical indicators indicate a bull that is very alive and very well and not in danger anytime soon. He's the same fellow that likened this technology revolution to that of the industrial revolution and expects an unprecedented bull run because of unprecedented changes in the overall world economy. He stated that markets don't decline after such runnups but just slow the pace of gain. He expected any correction to be selective suggesting that some of the blue chips may have troubles but not across the broader market. About all the pessemistic analysts? He said that is a very healthy sign and that we would be poised for disaster if if everyone were bullish. Personally, I'm bullish but not convinced necessarily and love to hear the views. Perhaps the market is like art, celebrities or architecture - you have to be loved and hated to be very popular! Thanks for your input, I hope the discussions continue. Best regards, mark

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