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To: Gottfried who wrote (1756)	11/9/1998 9:41:00 PM
From: Iceberg	Read Replies (1) of 1894

>Your 175 stocks are, of course, a small universe compared to all stocks out there. Gottfried, You're right. Point well taken! My 175-stock universe isn't in any way a representative sample of all stocks out there. I would guess that 95% of them are on the NYSE. Most of them are priced between $10 and $40. Most of them are stocks with relatively high betas. Many are stocks of companies I personally happen to like [major bias]. Most are well known companies. Few are tech stocks. On and on and on... Thus, there is absolutely no way I can make any valid conclusions about the stock market in general based upon the results of my scan. That's why I published the data here at the Kook thread instead of in the Harvard Business Review! <G> Having said all that, I still the market still might go down in the next 5-10 days. Ice

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