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

To: William H Huebl who wrote (15022)	3/14/1998 11:13:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

I'm right OK <G> hell I don't know what to think, I ain't making a call..like long or short , just be careful or stand on the sidelines till the fog clears up..at least I seem to be in a fog right now. Jim

To: William H Huebl who wrote (15022)	3/15/1998 1:07:00 AM
From: Berney	Read Replies (1) \| Respond to of 94695

I will agree with Mr. Greenspan that the Market was overvalued at 6300. We are now 33% down the road. Those that paid attention to him then are a lot poorer. My BAMBI indicator is still a very positive 20 to 9. The bull market remains intact. Yes, there has been a serious decline in any benefit to being fully invested, but I still wouldn't want to bet that this one is going down. Clearly, for the first 3 weeks of BAMBI, 2/3 of the DJIA stocks were beating the S&P; whereas, for the last four weeks we've been hovering around 33%. I suggest that 33% is great! It surely beats the dickens out of July thru December, 1997, where 14 of the 30 had a negative stock performance. But, then, as you are so fond of saying -- BWDIK. Berney P.S. This is options expiration week and a lot of folks have some fantastic paper profits. Nonetheless, I predict it will be up again.