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To: peter n matzke who wrote (36727)	3/14/1998 5:45:00 PM
From: Patrick Slevin	Respond to of 58727

Fact is, I was shining shoes Thursday and had a chance to talk with Mr. Buffet....

To: peter n matzke who wrote (36727)	3/14/1998 9:09:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

peter can you tell me what money flow formula you use... such as biriyni etc etc... I just looked at money flow equations on the e-analytics site I remember Kevin saying diferent people used different equations...but it seems like he indicated that there were primary two camps of equations that were followed...one of which was Biryini

To: peter n matzke who wrote (36727)	3/14/1998 9:22:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

Peter, It just seems that fundamentaly there are just too many unknowns out there. What will the impact of Asia really be. Would China or Russia join the mix with the currency problems. How long will it take to resolve the currency matter. I understand that many say that it took Mexico 2-3 years. What about the historical high P/E's and based on reduced earnings. So the market is trading ahead of itself discounting some warning signals which do not appear right now to be that important. I think Buffet may be doing the right. Inflows of course is good but can it continue at this pace. Also, market psychology is at euphoric levels, well we have seen market sentiment change quickly also. Yes many say that 9000 is a certainty and that 10000 is very likely. If we do get to those levels, just feel that we will be getting there based shakely, and not with a whole lot of substance behind it. It wont be based on great earnings just low inflation, good economy and euphoria - is that enough, maybe, but I just dont feel comfortable with that. I do still believe that sometime this year, we should see the mid 7000's again, and maybe as low as 7000. It could be right around the corner in April or MAY. Seeya