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

To: Investor-ex! who wrote (8712)	10/31/1997 1:58:00 AM
From: Jean M. Davies Schmith	Read Replies (1) \| Respond to of 94695

Investor-ex: How will the damage control team accomplish lifting the markets higher tomorrow?

To: Investor-ex! who wrote (8712)	10/31/1997 2:36:00 AM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

investor-ex, here's the Greenspan model of stockmarket overvaluation, and correction process. Note that this does not include exogenous factors such as bank collapse, iraq, inflation of import prices. The derivatives hedging on the S&P has been used at least since summer, it became pretty obvious to me the week before Labor Day when there were NO BUYERS and yet the S&P kept the same price to 0.01% which is statistically impossible to do day after day. So I don't know all of the rules but will continue to stay short at least until we are within the Greenspan model. It is generous of them to give people this much warning and time to anticipate the market correction ahead. (Even Charles Schwab has a notice on his website about market changes.) Greenspan model: yardeni.com The most optimistic projection possible with this model gives another 15% correction ahead of us.