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

To: Oeconomicus who wrote (19297)5/27/1998 11:38:00 PM
From: Cyclops  Read Replies (1) | Respond to of 94695
 
Europe down gigantic tonight?

Buschman,

I agree wholeheartly on your analysis of
the big picture. It is dangerous for the
US public to blindly throw money at the
stock market.

Margin debt was up about 40% in the last
one year.

We have had very high valuation and the
broad market has been declining except
for the Nifty Fifty Dow.

SE Asia was not down as much as yesterday
because they have dropped so much in the
last one year and current month. I think
Europe gigantic drop overnight might be
the key to Thursday market. Wednesday
market, they were remarking how cool
everyone was. I think we need a real
scare to bring this market back to proper
valuation before it can move forward again.

Cyclops,



To: Oeconomicus who wrote (19297)5/28/1998 5:36:00 AM
From: William H Huebl  Respond to of 94695
 
Bob,

Mr. Market is always right! Ya gotta think like Mr. Market, not like an accountant, not like a reality based investor!

Bill

PS to Cyclops: Europe back in the black!


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