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

To: Barbara Barry who wrote (10452)	11/26/1997 11:20:00 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 94695

Barbara, seasonaly we should have an upmove from those levels, but fundamentaly we are overvalued by a high margin. The most surprising issue is the herd mentality of buying the dips. There was some cleanout last month but it only proved again "buy the dips" proved right. It's pay to be clueless! I am mostly in cash, and my IRA is all in cash. I just sleep better this way. Was thinking to buy SUNW but it is acting very weak as is ORCL. It is amaizing how individual stocks are manipulated in this market, speaking of exchubarance. My sense is that every one is a TA expert and contrarian, or I read the wrong treads <\|;*) So it's sbetter just to sit out. Haim