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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 (12894)	1/9/1998 3:21:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 94695

Well Billy Boy<g> The signs are out there for a real debacle to happen here...NOT from Asia, anymore...Now it's gonna be from Earnings... If they are bad, with forward looking negative statements, Bill the Apr lows will easily be met and even worse IMO... Remember when we sold off in Apr it was because of Alan G..not the fundamentals of the stocks...The Country was on an incredible UP TICK!!! I believe we are in the opposite direction, because of slowing earnings at least for the next 2 Q's...from mid summer and beyond we should start to recover to all time new highs...We are now in a DOWN TICK IMO...slowing with other factors out there... The buys will be there Late Mar-Apr and into Jun -Jul... In fact I think we just heard the last GOOD empl. report...layoffs will be the coming thing...prices will fall, and corp porfits will be hurt for a short while...let's see what happens