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To: Skeeter Bug who wrote (26629)	3/21/1999 1:25:00 PM
From: Lucretius	Read Replies (1) of 86076

more fun w/ entrails..... this one is particularly interesting: marketgauge.com can't wait for those runs on Fido and Schwaubby: marketgauge.com rising bonds yields and falling earnings are gonna make this sucker really look even more awful... marketgauge.com this is also interesting.... notice that the specialists and members were long going into the Summer wipeout and got short as the mkt recovered.... a mania tends to punish those w/ experience and mkt savy because it behaves strangely (ex- Buffett did poorly last yr compared w/ my lawnboy and most 25 yr-old managers) mania's tend to benefit idiots and mo-mo chasers like Creamer. The fact that the specialists aren't short will make the BK worse... if there ever is one? hence... manias end badly. marketgauge.com this one is pretty: marketgauge.com marketgauge.com

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