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To: Thomas M. who wrote (8095)	1/14/1998 10:55:00 PM
From: RGinPG	Read Replies (1) \| Respond to of 95453

There is this money manager here in Houston by the name of Bill Wood. He's got a radio show called "Money Matters" which I listen to all the time (every Sunday at 6pm on KTRH 740AM). His big deal is "Cheap Growth Stocks" which the members of this thread know about already. Anyway, he had a seminar in which he talked about how important it is to recognize the financial climate in which bear markets occur. His big deal is that bear markets are ALWAYS preceded by rising interest rates. I'm working on a chart that will show this is true. Check out: lonestar.texas.net Click on default.htm So he was talking about how it feels psychologically when there is a good solid bull market correction, and how almost everyone is certain that it is the beginning of the next bear market right at the time they should be buying. He mentioned that at the bottom of the last major bull market correction (I think he said last March), even Elaine had predicted the begining of a major bear market (ala Oct 1987). A few short days later the bull market resumed in force. I've tried to find something about this on the web but I can't find her name anywhere. I must be spelling it wrong. So no I can't back it up, but that's where I got it.