Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (24817)	8/21/1998 4:08:00 PM
From: P.T.Burnem	Read Replies (2) of 94695

Don't get too excited because: chances are, this is a bear market, and the worst is yet to come; today is an options expiration day, so the picture is somewhat skewed; the market is just beginning to discount potential consequences of a protracted impeachment battle in Congress, such as political and currency turmoil around the world (i.e. "a war against terrorism"); September is an "earnings warnings" month. That said, I expect the Dow to rally to the 8,700-8,800 area between now and the Labor day. PTB

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