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

To: wanmore who wrote (44912)	12/2/1999 3:41:00 AM
From: KM	Respond to of 94695

I think the SI "hot list" is a great great way to gauge the state of mind of the herd so one can begin to establish contrarian positions. In the weeks surrounding the October 18 bottom, this thread and the other so-called "bear" threads (Millennium Crash, Kahuna a Myth, etc.) were on it day after day. Now, it's "Cents and Sensibility" which is a collection of people who chase any flying pig that moves, "50% a Month", and whatever thread is devoted to the "undervalued undiscovered gem" of the day which has just risen 300% or so in one day, such as ADSN, ADSX, VONE, etc. Of course, those threads remain on the hot list for at least another day as the balloon deflates and the bag holders scream and curse CNBC, Herb Greenberg or just plain old reality which has set in <G>. The SI hot list is one of the best market indicators I've encountered in years <G>.