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

To: James F. Hopkins who wrote (15040)	3/15/1998 12:26:00 PM
From: Investor2	Read Replies (1) \| Respond to of 94695

Excellent post, again. RE: "One guy calls for a 500 pt correction..heck percentage wise that's no big a thing, and for sure that can happen at any time.." Truer words were never said. The best way to play this market, in my opinion, is to find a way to tell whether the 500 point drop is a "correction" or the beginning of the bear. If it's a correction, buy like crazy. (I know, many of you out there will scoff at my "buy the dip" approach.) If it's a bear, the course of action is obvious. RE: "but who would've called for a 1000 pt rise in 2 months --even the best of the bulls missed calling that," I was bullish at 7150, but I never dreamed we would move this high this fast. RE: "so my hunch is 2.4 to 2.50 is almost neutral." That is also the conclusion I've come to. Best wishes, I2