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To: Boplicity who wrote (25517)	12/17/1997 4:34:00 PM
From: vip	Respond to of 176387

Greg: << The chief market analyst at Merrill Lynch & Co. says investors should brace for a possible severe correction in the U.S. stock market next year. >> What was McCabe's prediction for 1997 let alone for 1998?? Regards,

To: Boplicity who wrote (25517)	12/17/1997 5:04:00 PM
From: hpeace	Read Replies (1) \| Respond to of 176387

only good to buy cheap puts... I'm glad this guy is saying this.. i don't think it will happen, and most are not saying this, but if I had evryone saying that 1998 was no recesion and was going to be great, I would cash out and sit back bec. we are going down.... When they all say 1998 is roses..then it's going to crash. Look up this guys track record... you can look on any forecast log for when these guys guess interest, inflation, DOW etc. he could have said that 1997 was a stinko too....... we are up a bucn in 97 even with a crash