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

To: Haim R. Branisteanu who wrote (18788)	5/20/1998 9:13:00 AM
From: Vitas	Read Replies (2) \| Respond to of 94695

Hi Haim, Yale Hirsch's 1998 Almanac says as follows: "MEMORIAL DAY WEEK UP 12 YEARS IN A ROW UNTIL 1996" "This time of the year used to be known as "The May-June Disaster Area." During the '60s, '70s, and early '80s we cautioned, "If one month doesn't get you, the other one would". However, investors returning from the three-day Memorial Day weekend, the first big weekend of the summer season, must have returned in very good spirits for twelve years starting in 1984. Records show that the market gained ground in all these abbreviated four-day weeks."

To: Haim R. Branisteanu who wrote (18788)	5/20/1998 11:14:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 94695

< markets and holidays > Today was pretty weird, Dow +100 and NAsdaq -14. Maybe in preparation for taking it easy on the work involved in stocks, we shift away from the techs and go to financials/bluechips. Gateway my big winner I cashed in today. Still overpriced but isn't everything, these days? Actually price/sales ratio getting near 1. and who knows if they can at least average a flat revenue for the near term. Maybe Newt Gingrich threw a monkey wrench into the Asian equation, also: relating campaign<->China technology<->complaints to the telecom industry ==>> rebuff by China inevitable. Looks like those future cell phone users will have to buy from somebody else. An economic stumble with China would drop a lot of valuations out there. Greg