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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (10432)11/25/1997 10:11:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 94695
 
Bill, today confidance numbers were quite interesting since last month, a rise of about 20% or so. The empty heads on CNBC atributed the surprising rise to the market swift recovery. If true we are in for trouble.

1. My translation is that a majority of people are invested in hte stock market with their savings.

2. The extra gains from the stock market is actually the money to spend and buy the "extra gaged"

3. That all what A.G. needs to do to slow the economy is to talk down the market.

4. The economy is leveling of so who will buy more shares??

Result!!

Market will level off, people will stop buying "extra gageds" - no profits from stocks, less sales, then earning will go down, then market will go down and the spiral will continue.....

Well fundamentals do not mater in the "NEW ERA"

BWDIK

Haim

P.S. I still think of SUNW and LSI as maybe a potential upmove?? Any opinions??
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