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To: Harry W. Lowe who wrote (184)1/27/1998 8:10:00 PM
From: Manny Gugliuzza  Respond to of 942
 
harry the question was actually an observation that i had made over the past 2 weeks about what investors seem to be doing. they are running up the micro capitaliztion stocks. nearly 80 % of the top ten in barron's have been single numbers. i think you remember the other points in time during this whole bull when that has occured.

right now i feel what we are heading towards is mostly stagnancy drawn out of complacency. that investors are mostly happy with what they have done with their investments are are hanging on expecting the next follow up rally. that is roughly around the time you get crucified.

asia seems to be more than reflex rally right now.

selectivity and heavy monoitoring of all movements essential here.

kepp the good thoughts flowing.

ar.



To: Harry W. Lowe who wrote (184)2/9/1998 7:10:00 AM
From: Manny Gugliuzza  Read Replies (1) | Respond to of 942
 
hi harry.

if this strong opening today in asia will influence our markets again,
it is still possible that a close above the high close could be topping action unless a few good percentage points can be made on its own without the influence of outside markets.

i still think the nasdaq is the market for the millenium and the dow may baseline up here before approaching 5 figures.

ar.