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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (42958)	8/12/1999 8:00:00 AM
From: clochard	Read Replies (1) \| Respond to of 94695

Bill, maybe we'll see a small rebound - just enough so that Goldman, Merrill, etc. can IPO another slew of garbage onto the public. The seeds of destruction are being sowed big time now. Corporate bonds are also weighing the titanic down.

To: William H Huebl who wrote (42958)	8/12/1999 8:14:00 AM
From: Skeet Shipman	Read Replies (1) \| Respond to of 94695

Hi Bill, Well that will teach me to flip the coin. My read on Tuesday's action was wrong, just as the read on the Beige Book was. (Significant regional & import effects) Driving using only the rear view mirror is precarious. Today's retail sales I view as the most important number this week for most predictive models. I'll go with your short term predictions. There have been too many people bearish. But, I wouldn't be surprised if the market is not running a double or triple reverse here. It has a mind of it's own. Skeet (Flattening interest rate curve is a bad sign.)

To: William H Huebl who wrote (42958)	8/12/1999 8:27:00 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Bill flat to slightly up. Haim

To: William H Huebl who wrote (42958)	8/12/1999 1:11:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 94695

Bill, it seems the BK has been postponed once again. the 'correction' seems to be over...or is it just a head fake? what do you think? last year we had two strong up days as well before the market really tanked - the McClellan oscillator had recovered back up to zero before things got serious...but there's no crisis in sight such as last years, so we have to assume that we are dealing with a 'normal' market right now. no really important support level was cracked and the bond looks like it's bottoming. so most likely we simply have seen a normal correction and it's off to the races again... regards, hb