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

To: pater tenebrarum who wrote (42993)	8/12/1999 10:52:00 PM
From: clochard	Read Replies (1) \| Respond to of 94695

Heinz, that's a pretty accurate picture of the market but I feel that liquidity has always been the overriding factor these past few years. People have added all the liquidity there is regardless of the facts and the top of around 11,000 was reached. All the money that can be borrowed has been borrowed. Now we have rising bond yields, dollar weakness, repatriation of money, and fear/scepticism draining the market faster than dumb 401k money coming in and this will cause the market to suddenly overturn like a top-heavy titanic. s