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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (3990)	4/28/1998 8:07:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Jan, thanks for the alert. Woman and children first. Holy Toledo. Where am I going to put my 401k money and my Roth IRA, the regular IRA, and my retirement acct. for the retirement needs that the 401k and the IRA and the ROTH IRA don't take into concideration? WOW!!!!! Seriously, thanks for the heads up. Sergio

To: Ms. X who wrote (3990)	4/28/1998 10:21:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 29382

P&F... Nice analysis.... The 55 day MA break of the Adv/Dec line and the New Highs falling below 130 confirm your correction analysis... Jim

To: Ms. X who wrote (3990)	4/28/1998 10:35:00 PM
From: OldHack	Read Replies (3) \| Respond to of 29382

Jan. Read your post and attendant articles with interest. Have thought the Market was overpriced for at least three years now. Have recently been even more convinced after watching the almost sublimely ridiculous action in the internets in recent days. Interpreted such to mean that individuals and gurus alike know that solid values are getting hard to find, so they are betting their still plentiful funds on the best stories they can find. However, I'm not quite convinced the bull has finally run its course. The money that is coming to the market these days makes it a slightly different animal than we have perhaps witnessed in the past. And it still wants to come. It is possible this money will offer some spread and support by seeking the values that are left in the mid and small cap areas. The Lord only knows how many scenarios there are between a 40% correction and continued bullishness. One possible one is that we will trend into a 10% or so correction while witnessing some of the wild swings we've seen several times recently on the way. Then one might guess a Fed raise could trigger an immediate 5+% blow off. Provided earnings are then decent and there is then a perception inflation is stalled, the market could rapidly rise to new record levels by the end of the year. Some interesting times ahead. That's why I really like your advice about being in GOOD companies. It has never ceased to amaze me how quickly good companies can reach new all time highs after bears have walked. However, anyone who knows they will need to take money out of the market in the next several months should surely be thinking defense--including the yields on paper and CDs. If I wasn't so darn old already, I would be anxious for the next 5 months to pass in order to see what they bring. A little tense, OH