Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Moominoid who wrote (30059)	10/3/1998 1:42:00 PM
From: Skeet Shipman	Read Replies (3) of 94695

Hi David, THE 1998 CRASH - ? - I believe todays stock market compares to neither 1929 nor 1987. In 1929 very low margin requirements and reciprocal investment trust ownership accelerated the movements. In 1987 the managing computer deadheads and arbitrage mechanisms ran out of control. I expect the downward trend and rallies to be muted. While, individual stocks and sectors will be reactive and volatile, reactive to earnings and uncertainty. Skeet PS My market indicators remained neutral Friday. Most frustrating - Excluding any major news this weekend. I interpret this as: After the open Monday we drift lower.

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