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

To: Bonnie Bear who wrote (9778)	11/15/1997 3:46:00 PM
From: Joan Osland Graffius	Respond to of 94695

Bonnie, >>I've stayed out of bonds because of this situation. I have also stayed out of directly buying treasuries. My cash is in money market funds backed by treasuries right now. >>I don't agree about "recovery in Asia" If the argument is true then any rumors/news that something is being done to "try" and plug the dike they (who ever they are) will push the high tech sector stocks up. On the other hand your argument of short covering could be the culprit. If we had a short covering rally there is just air underneath it and we should see things go south next week. Joan