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To: McNabb Brothers who wrote (23253)11/25/1997 10:56:00 PM
From: Boplicity  Read Replies (2) | Respond to of 176387
 
Hank, I know you are still bearish on the market, but I am beginning to feel the market is stabilizing here. The uts are doing good, the dow seems to be getting support (Boeing appears to be done with its supply problems, Deere reported better then expected earnings, IBM is about to make a new 52 week high, T is appears to be getting its act together and on the rise) the only thing holding us back from resuming the upward trend is Asia which is a big unknown, but that too appears at the beginning of resolution. Of course we will be hearing more from Asia, but how many more of those Island countries are left? So all the big news is out. I am betting on a range bound market though the end of the year, maybe till next spring. Pretty boring stuff for your sell and wait method.

Greg,

P.S. It's great you are handing down your market acumen, but I hope you teach that are many ways to skin a cat.