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To: broken_cookie who wrote (29629)	11/26/1997 11:57:00 AM
From: Kevin	Respond to of 58727

>>>What your favorite suds these days? I'll be out partying later with returning friends, can't wait.<<< My beer for distance drinking is Coor's Light. That's one that I could drink for 14 hours straight and throw down 3 dozen cans or so :-) Burp! I like to drink Corona, but I can't find it in a keg so I don't drink it often. I'll drink most anything if it's cold. >>>I think we have entered a market that is less driven by fears of interest rate hikes than by fears of shrinking corporate profit growth. In other words, reports that indicate less than expected growth will have a negative effect. Single digit profit growth for the S&P would have to lead to contracting P/E's. The tyx's assault on 6% would have given us a DOW9500 4 months ago. <<< I agree. I still believe domestic economics will guide the market somewhat, but you're right about the stronger force right now (corporate profits). Happy Thanksgiviing! Kevin