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

To: Arik T.G. who wrote (8564)	10/30/1997 7:11:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Hi Arik, I don't see the conditions in place for a full blown crash... we have enough fear in the market from Monday to assure us that any bleeding will be contained... I just don't believe the average Joe on the street is going to dump his or her equity investments, no matter what the form... Go out and ask a few people... I have. The people who are out of the market or have additional money are looking for a buying opportunity and the people who are in are saying "...this too will pass." Except in some quarters, the speculation aspect isn't there and it is the speculators who are driving the markets, not Joe Investor. IMHO we will have a retest and not a crash... Regards, Bill