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

To: RWS who wrote (18185)	5/8/1998 11:45:00 AM
From: bobby beara	Read Replies (2) \| Respond to of 94695

RWS, that was not an impulse wave, was corrective wave two. Wave one was the impulse wave off the April 27th low. We now begin the largest impulse wave, WAVE 3. Glad to have you aboard, don't worry be happy, we are paddlin in this high liquidity out to catch the BIG KAHUNA. and don't forget those pennies from heaven. bobby b

To: RWS who wrote (18185)	5/8/1998 12:12:00 PM
From: Haim R. Branisteanu	Respond to of 94695

RWS it is and the issue of tackling the productivity numbers at this stage and level makes me question their validity. Will see how the market will react. One more thing to think about is the recovery in Europe. Not only will it take money from US market but may encourage new forays into Eastern Europe and the former USSR. Some professionals are starting to invest in real estate there, at yields and upside potentials unheard of in the US since 1992/3. The stabilization of those parts of the world will suck many billions with much higher return than the US with an upside of around 7% from those levels. Consider ADR's BWDIK Haim