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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: pressboxjr who wrote (19223)	10/18/1999 8:13:00 PM
From: $Mogul	Read Replies (1) \| Respond to of 108040

Yes, and not to mention that both IBM and INTC will most likly have poor Q4's as well. When INTC's CEO says that Taiwan was too late and not factored into Q3, and says INTC should be okay says to me they won't. That CFO has been optimistic the last few Qtr.'s...and they continue to dissipoint.

To: pressboxjr who wrote (19223)	10/18/1999 9:26:00 PM
From: westpacific	Respond to of 108040

Agree - rally was hard to figure, why gamble ahead of the CPI. Seems to make more sense for institutions to wait before jumping in. Also there is still extreme pressure for selling into any rally to occur. Staying the course with an 85% cash position until we make some sense out of direction. The recent bottoms we have seen could well be tested further before we are done. As for the China situation, as Americans we sometimes forget that the world picture plays into our continued economic future. China could turn out to be a real big problem for American foriegn policy - how could we not step into Tiw. defence.

To: pressboxjr who wrote (19223)	10/18/1999 9:43:00 PM
From: stan s.	Read Replies (1) \| Respond to of 108040

>>> If the numbers don't come in the way the Street expects, look for the Dow and Nasdaq to test lower levels, primarily the 9700 level for the Dow. <<< In some ways I think you've answered your own speculation. If 9700 is the downside risk from here...why not take a chance on this being the bottom, especially if money has been managed well to this point.? The CPI numbers could very well be benign, in which case things might move rapidly, perhaps faster than institutions would like...so an early start here, if one is confident of the downside parameters might be the smart play...with a certain % of assets. If you're still thinking in terms of a major tank from here, then I'll concede your point. I believe 9630 or so would be a 15% decline on the Dow. The Naz had a 10% correction in sight today and lost it with the late rally. Pity really. Regards, Stan