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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 (12804)	1/8/1998 8:01:00 PM
From: Michael Rich	Read Replies (2) \| Respond to of 94695

>> Strong up for tomorrow, MAYBE 200 points worth! OR MORE! << Bill, what's your weekly prediction? A NOT down week? It's fun to predict...let's trade some. Best regards.

To: William H Huebl who wrote (12804)	1/8/1998 8:26:00 PM
From: D & G	Read Replies (1) \| Respond to of 94695

Bill, UP 200 TOMARROW !!!! You forgetting your indicators and starting to throw darts <g> DJF

To: William H Huebl who wrote (12804)	1/8/1998 8:29:00 PM
From: Brad Bolen	Read Replies (2) \| Respond to of 94695

RE: Strong up for tomorrow, MAYBE 200 points worth! OR MORE! Dr. Bill, I'd like to take that bet. Will you give me odds? ;-) B. Really enjoy your posts!

To: William H Huebl who wrote (12804)	1/8/1998 8:37:00 PM
From: Barbara Barry	Read Replies (2) \| Respond to of 94695

BILL!!! I just got a chance to read through the posts. 200 pts up on a FRI...now you put down that wine glass right now!!!!On second thought, maybe we both should down a couple!!Tues would be a stretch...I do appreciate a sense of humor when our boat(options) is taking on water,so your 200 pt idea is as crazy as my #2 idea.;)A week or two from now it will all be different! Regards, Barbara ps...there does seem to be a little manipulation to keep the dow above 7800????what that means....?????

To: William H Huebl who wrote (12804)	1/8/1998 9:50:00 PM
From: P.Prazeres	Read Replies (1) \| Respond to of 94695

Bill, Indonesia is rebounding a bit more tonight, but most of the rest of Asia is getting its "ass handed to itself"...Philipines and Singapore are the big losers tonight. Personally, I hope you're right about tomorrow, bu I think there's a good chance at dropping more than 100 points...let's hope 7650 to 7700 holds for support. By the way, did anyone see that story about one of the fed governors hinting that a rate decrease may be the next move...(where have you heard that before?)<g> Paulo

To: William H Huebl who wrote (12804)	1/8/1998 10:26:00 PM
From: W. Clinton Terry	Read Replies (1) \| Respond to of 94695

Bill: Have you looked at the international markets tonight? or the Globex? Never seen so much red ink, and some of the Asian countries are down substantially. This is probably hard for your analysis to factor in, but I am quite a bit more pessimisstic about tomorrow. I would of course be greatly delighted to be wrong here. Clinton

To: William H Huebl who wrote (12804)	1/8/1998 10:33:00 PM
From: P.Prazeres	Read Replies (3) \| Respond to of 94695

here are some thoughts: Tonight , the Asian problem seems to be continuing.ÿ Indonesia is up about 4%, rebounding from its drubbing yesterday, but most of the rest of Asia is down and some parts are down hard.ÿ Singapore and the Philipines are down 8 and 10 percent respectively as I write this.ÿ It is hard to believe that this won't effect the US markets tomorrow.ÿ The question becomes "how much more?". Looking at the arms index over the past few days, it has been over 1.0 for most of the trading days and the new lows on the NYSE have gone over 40 once again (yesterday and today).ÿ The NYSE tick has spent most of the past few days in negative to very negative territory.ÿ Although, on Tuesday and Wednesday, the markets experienced late day rallies and the "closing tick" was quick positive.ÿ Basically, there has been quite a bit of net selling the past few days...although some of it was occuring on lower volume (and that is usually a positive).ÿ Another positive is the amount of bearish sentiment that exists right now (the old contrarian indicator).ÿÿ And once again, NYSE member buying in mid to late Dec is yet another positive indicator. Also from Sunday: "The Dow's 50 day MA stands at about 7770 and its 200 day MA is around 7607. These levels should be used as initial support to the downside." These are the initial levels to look at on the Dow.ÿ Hopefully that should about do it.ÿ To fall back to 7000-7200 level would require a very quick comeback to 7600 to keep the market from having a domino effect downward. The Nasdaq couldn't hold above 1590 and for the short term that wasn't a good sign on that index.ÿ Although signs that some of the techs are making higher lows in the latest round of selling yesterdayÿ is encouraging. Dallas Semiconductor reported better than expected earnings this evening, although it didn't really move much after hours.ÿ Adaptec warned about their earnings and its stock got crushed by over 8 points after the bell....this market is severely punishing bad news and only accepting the good news.ÿ It looks like that will continue until things are more clear about how Asia's mess will effect US earnings. so in review....there are alot of mixed signals for the markets.ÿ One thing is certain, if you have a company that is not performing up to expectations, expect it to be taken to the slaughter house.ÿ Maybe, just maybe some of these slaughters will end up creating good buying opportunities after the dust settles. Thats it for tonight. Sweet dreams. Paulo

To: William H Huebl who wrote (12804)	1/9/1998 6:08:00 AM
From: scotty	Read Replies (2) \| Respond to of 94695

Try DOWN 110,testing 7150 soon.Crummy earnings,bankrupt trading partners,tech wreck,on and on.......