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


To: Mike McFarland who wrote (14756)3/7/1998 3:00:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 94695
 
A bull market is one people are afraid to be out of, for fear of not making money. A bear market is one people are afraid to be in, for fear of losing money. The only fear I smell these days comes off of active managers trailing the S&P 500. The CPQ announcement might turn this around, but that's what they said about MOT. The 'little people' seem to be cashing in at least a few chips; for the wealth effect to exist, you have to sell, or at least spend cash you would otherwise have invested. Maybe they aren't so foolish, after all. mb



To: Mike McFarland who wrote (14756)3/7/1998 7:05:00 PM
From: William H Huebl  Respond to of 94695
 
All this FA or psuedo FA stuff is too much for me.

My indicators say SELL... at least for now.

Bill



To: Mike McFarland who wrote (14756)3/7/1998 8:53:00 PM
From: yard_man  Respond to of 94695
 
Message 3634868

>>is there a chance that
the fund managers themselves will panick<<

They already are: What do you think has caused the market to rise so fast? I think some hung out with as much cash (as they are allowed) in early Jan. Capitulation is what I think you're seeing, BWDIK.