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

To: Don Westermeyer who wrote (15157)3/19/1998 1:29:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Don; The last part, supply/demand almost says it all, the market
set backs are also overwhelmed by all the mergers..most of them
going off and paying huge premiums for the other company.
Each time there is one less stock for money managers to buy.
We have more mergers than IPOs in the market.
Interest rates..have not pushed high enough to offset being
in the market. Productivity improves..oil is cheap..
who can tell were it's all going, retractions while they may
look big in numbers are just blips percentage wise when you
step back and look at them. A year from now on a two year
chart last OCT will be just a littel blip on the screen.
Jim



To: Don Westermeyer who wrote (15157)3/19/1998 9:36:00 PM
From: William H Huebl  Respond to of 94695
 
Don,

That is what the upvolume is doing... blowing up the bubble.

And as you can see, for no reason at all except everyone is doing it, making money at it, and as long as nobody sneezes, it keeps growing.

Classic pyramid scheme!

Bill


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