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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.T.Burnem who wrote (20499)6/16/1998 6:31:00 PM
From: jef saunders  Read Replies (1) of 94695
 
> yet few money managers are worried

well, all the ones that are worried
were on CNBC today.

one said that the greed we had in the first quarter needs
to turn to fear in the 2nd quarter...that we had a
wild run-up and that stocks are overvalued at these
levels. every one of them was talking of at least 8500,
that there was more pain. that with hong kong,
korea, (london and germany last night)...that large
multinationals are going to be hurt by both foreign
demand, and foreign exchange rates.

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