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

To: Bonnie Bear who wrote (9721)	11/15/1997 12:34:00 AM
From: Simon	Read Replies (1) \| Respond to of 94695

<<Somebody show me something worth buying now. ????>>> Can't short the market with IRA money, so what to do. Money Mkt Acct. and buy the kickbacks off the declines?? I was in and out of pmtc so fast today,I think I made 2 pts. in an hour.

To: Bonnie Bear who wrote (9721)	11/15/1997 2:42:00 AM
From: Joan Osland Graffius	Read Replies (3) \| Respond to of 94695

Hi Bonnie, I watched Louis Rukeyser tonight, and all is fine. Elves are +5 bulls. It was interesting the fellow from JPM was saying things are ok in US and Europe, but was recommending defensive stocks, like grocery stores. It just does not caculate.<ggg> >Most mutual fund purchases now are into bond and money market funds. I would bet you a drink that this is helping push the bonds to new highs. I currently have 45% of my portfolio in US treasuries after dumping my mutual funds and short term holdings. Same with my husband only he has 75% in treasuries. I don't think we are in the minority. What I don't understand where is the money coming from to push the markets up like the last few days: foreigners; short covering; what else. Joan

To: Bonnie Bear who wrote (9721)	11/15/1997 8:12:00 PM
From: Investor2	Respond to of 94695

RE: "Somebody show me something worth buying now. ???? I could find lots of things to buy this spring." I have quite a few stocks that I believe are currently fairly valued to moderately overvalued. I would only consider one or two to be grossly overvalued. I don't have any "bargains" for you at this time, although I do like UTEK and WEN at these levels. You are correct when you say, "... we have exceeded levels prior to the 'correction'." I believe that quite a few of my stocks were in the buy range during the correction. Best wishes, I2