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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Denise Hayward who wrote (14722)	3/6/1998 5:09:00 PM
From: epicure	Read Replies (1) \| Respond to of 94695

Compaq just warned. You could see something hinting at weakness in the performance of some of the techs late in the day. Levl, which I watch, dropped like a stone in the last hour. Mu deflated. Gtw went negative after being up. So while other sectors may rally, I think we see more and more warnings in the next few weeks. Asia is real, and we are getting more than the ripples now.

To: Denise Hayward who wrote (14722)	3/6/1998 7:47:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 94695

Please note the "new era" slant here (moderate, but still new era): Message 3628726

To: Denise Hayward who wrote (14722)	3/7/1998 12:54:00 PM
From: William H Huebl	Respond to of 94695

Denise, Thanks for your thoughts... especially a new direction. Personally, I think BK thoughts impair our ability to think straight and to plan ahead. It is kind of a "get rich quick" mentality in reverse... and if you catch that fever you will end up poor indeed. EITHER mentality. I think the markets are infected with the former and due for a comeuppance. And as long as we don't fall prey to the latter, WE will benefit. Otherwise, we will be betting our wads on every pullback and have no capital left SHOULD the big one come. BWDIK? Bill (See my comments on "sucker crash" and how the current market reminds me of Oct 27)... and no, I don't know which post it was... so many posts, so little time. <sigh>

To: Denise Hayward who wrote (14722)	3/7/1998 9:08:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

I've said it before and I'll repeat it , there is no way a 1929 model can be used to explain the market today. The nature of the market , mutual funds, lack of gold standard, futures, and options make comparing them such a total farce that I can not grant any thing but contempt to those who use artifice on the gullible in their attempts to induce a fear so that the market and perhaps them with it can feed off that fear. The Market feeds off fear and greed that is about the only thing that has not changed since 1929. ----------------------- It takes a strech of the imagination to even compare 1987 charts to charts of this day. It is done by people ignorant of the fact that the market is dynamic and responds to forces that did not exist even 10 years ago. ------------------ Sure it will go down, but when for sure a drawn out over time & simplified TA won't tell you, TA HAS IT'S LIMITS the main one being it can not be extended over a period of time that contains not half the factors in place that are in place today, it is insane. And will have you selling when you should buy and buying when you should sell. ------------------- NOT ONE so called TA EXPERT I know of said that that the market would be this high back in 96, not one. -------------- Jim