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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (13645)	1/30/1998 10:27:00 PM
From: edward miller	Read Replies (1) \| Respond to of 18056

>> I would like to think that the huge rally of the last few days >> is mainly short-covering and some fund buying. However, there >> is no telling how much more dumb money is still sitting on the >> sidelines .... ..this market might have moer(sic) liquidity >> than the water molecules in the Pacific Ocean. -g- As one mostly in cash, waiting for a lower buy point the jist of your comments makes me wonder -- Is the dumb money that sitting on the sidelines and the smart money positioned for a short squeeze when the little guys who think they are smart (dumb money?) realize that they are missing a big run (forward looking speculation)? It's not a prediction; it's what makes a market!! Isn't anxiety just great <gggg>??? Ed Miller

To: Cynic 2005 who wrote (13645)	1/30/1998 10:41:00 PM
From: Investor2	Read Replies (1) \| Respond to of 18056

RE: "But, if the market doesn't pull more than 0.8% for two consecutive days, I am inclined to turn bullish for the short-term - technically that is!" Are you using S&P 500 or DJIA for your 0.8% drop? Best wishes, I2