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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (1094)	3/5/1998 8:41:00 AM
From: Mike M2	Respond to of 86076

Pete, there are many good reasons for a big decline and it should come soon but there are no guarantees because the herd loves to buy the dip without questioning why the stock went down in the first place. They love to talk about indiscriminate selling well what about the indiscriminate buying which drove stocks to these levels. It is hard to imagine the market making new highs with the Intel news-which isn't news to us bears and the SEA situation. I can hear the parade of touts now saying "the selling is overdone" . I would bet many brokers will tell their clients this is a buying opportunity. Mike