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

To: Bill Ounce who wrote (48961)	10/20/2000 8:27:53 PM
From: William H Huebl	Respond to of 94695

YOU HEARD IT HERE FIRST!!! I tend toward d. The dirty little secret which NOBODY is saying anything about is that the 200 day moving average for most indices is now DOWN... SPY turned down 3 days ago and DOW-30 about a week or 2 ago! Last time SPY headed down??? The nuclear winter of 94!!! And THAT was a rather FLAT market!!! Sell short on the rallys, and buy back on the strong sell-off. You remember... opposite of long positions... only choose WEAK stocks, not MRK... although that puppy may just break once people realize the amount of hefty insider selling going on in THAT stock! Get the word out... DIVE, DIVE, DIVE!!! Sooner rather than later! (All the caveats apply here including IMHO, BWDIK... etc)

To: Bill Ounce who wrote (48961)	10/25/2000 11:19:12 AM
From: Bill Ounce	Respond to of 94695

(news article) More to worry about: Bond defaults mount Add bond worries to the list of problems (DOW/NASDAQ weakness, oil spike, natural gas shortage, mid east politics, euro.) usatoday.com More to worry about: Bond defaults mount Dropping quality of corporate credit concerns economists By David Henry, USA TODAY [...] The default rate on bonds is up to 5.1%, far above the 3.5% long-term average and the highest since the record 10% default rate in the 1991 credit crunch and recession. [...] Moody's, the credit-rating service, says corporate credit quality has dropped 10 consecutive quarters. The past three months, it downgraded twice as many borrowers as it upgraded. Meanwhile, bank regulators see reason for concern in another form of corporate debt: Troubled loans of $20 million or more made jointly by bank syndicates have more than doubled to $100 billion since 1998. [...]