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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 (52260)	6/20/2001 3:43:13 PM
From: Skeet Shipman	Read Replies (1) \| Respond to of 94695

"We will not have any more crashes in our time." - John Maynard Keynes in 1927 "There may be a recession in stock prices, but not anything in the nature of a crash." - Irving Fisher, leading U.S. economist , New York Times, Sept. 5, 1929 "The decline is in paper values, not in tangible goods and services...America is now in the eighth year of prosperity as commercially defined. The former great periods of prosperity in America averaged eleven years. On this basis we now have three more years to go before the tailspin." - Stuart Chase (American economist and author), NY Herald Tribune, November 1, 1929 Message 15967482 Greenspan warns US banks on loans, lending - Reuters Securities - Wed 3:39 pm Federal Reserve Chairman Alan Greenspan said on Wednesday the U.S. banking system remained strong despite signs that loan quality was eroding amid a soft economy, and warned bankers against tightening lending standards too far.

To: William H Huebl who wrote (52260)	6/20/2001 8:49:08 PM
From: Moominoid	Read Replies (1) \| Respond to of 94695

I think things are going up for a while. I wouldn't rule out lower points being seen on NAS in the future or just bumping along the bottom. Most of those stocks are just still outrageously valued. But the market has been technically oversold, so short-term I don't think it matters that much. BWDIK, I thought the same in January and didn't get out again fast enough. This is my favorite chart: siliconinvestor.com Just a little rally here and we should get a cross-over on the stochastics. David