Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (32632)	10/28/1998 5:55:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 94695

GZ, surprise a honest broker. Merrill Lynch analyst on CNBC, (forgot his name starts with B) recommended to get out of cyclicals and guess what else Computer stock e.g. DELL, GTW etc, <ggg> His take was that the earnings have not been hit yet by the slowdown and 6 months from now earnings will be lower. Also Forrester research issued a study predicting sharply lower computer sales begining within a year. OP's Also Biggs was on today and he predicts DJIA 6000 next year, bit to low to my taste as the FED & Mr. Rubin will let it go so low, but who will argue about that. Another interesting note institutions are sitting on their hands - no orders to the floor according to Bob Passani. And funds inflows were a trickle. Interesting times. BWDIK Haim

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