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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (10530)11/29/1997 10:23:00 AM
From: GROUND ZERO™  Read Replies (5) of 94695
 
Hi Haim and everyone,

Can anyone offer a reasonable explanation how come the U.S. equities continue to rise in the face of all the Asian problems and continuous news releases and monetary and market experts declaring that "it will hurt the U.S. market?" Does the market know something we don't? Could the ten thousand Frenchmen be wrong? Is the world really round and we won't fall off the edge?

All my market indicators are still pointing to higher stock prices. I keep hearing all the warnings of impending doom, the drums far off in the distance. Do I continue to follow my historically reliable indicators or give in to the loud chorus of doom?

Now, I'm not really asking which to do, because I will ultimately follow my indicators and I'll get a sell signal when I get one, as I have in the past. I am certainly not one who will miss the big Kahuna when it comes. That much I do know. But, I must ask you, why hasn't the market collapsed out of bed already with all the fundamental clamor about how it should. Anyone please?

GZ
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