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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (4583)	8/3/1999 12:00:00 PM
From: Teflon	Respond to of 54805

Frank, I'm right behind you... Teflon

To: Uncle Frank who wrote (4583)	8/3/1999 8:54:00 PM
From: DlphcOracl	Read Replies (1) \| Respond to of 54805

Uncle Frank: "Wake me in September". Exactly what I'm doing! Just think of how the interest-rate paranoia and Greenspan Fed-meeting roiled the markets in June, even AFTER it was a foregone conclusion that rates would be raised 1/4 point. The last five trading days have been a microcosm of what August will be like. IMHO, avoid nibbling at stocks this month and 1st week (or two) in September; it is a form of compulsive gambling. The bull-market is intact, 30-yr T-bill rates will trend lower over the course of the year, inflation will remain low, we will probably get one last 1/4-point interest rate hike on Aug. 23 (24th??), etc., etc., and the fourth quarter should be quite strong for tech stocks AND internets.