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

To: William H Huebl who wrote (10989)	12/5/1997 10:38:00 PM
From: Defrocked	Read Replies (2) \| Respond to of 94695

Bill, I know you have the loyalty of a tsetse fly when it comes to sticking to forecasts<g> but I've always been a position trader, unable or unwilling to trade my portfolio around too often unless I'm convinced the situation warrants it. Right now I just can't shake off the conservatism or skepticism on economic/earnings outlook. While I don't want to bore you, Bill, with FA and facts, <g> I thought I'd repost some thoughts here for discussion for some of the other Threaders. FWIW. Message 2891621 BTW, I was bearish throughout '87, holding T-bills only. The current situation requires the same conservatism now IMHO. I've been basically long this market from '92 till Oct.'97 but do not like existing risk/reward relationship for equities.