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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: marc chatman who wrote (10014)	2/11/1998 8:46:00 AM
From: Christopher Loe	Read Replies (1) \| Respond to of 13456

Quite the opposite. Sorry that my post wasn't clear. I'm expecting the market to run to 8,500 before it corrects. My buying point will be on major down days which I expect very soon. My intention is to make quick trades in & out. I am not a technician, but never the less, I expect some 250-500 point days on the downside, and the reverse on the upside of 200-300. This is my best guess, I just think it is foolish at this point to be fully invested. I realize there is still a fair amount of cash on the sideline waiting to buy, but when that passes, look out below. Who knows, maybe I'm all wet, but I have to trade as I see it. Drug stocks are way ahead of themselves on speculation of further consolidation, MSFT, KO & many others trading at ridiculous valuations. My major point is, there is more potential for major moves down than up at this stage. See ya!