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

To: Andeveron who wrote (20054)	6/10/1998 6:55:00 PM
From: Tom M	Respond to of 94695

>>interpretation of "best economy in 50 years"<< well when CNN decided to share their first glimpses, that's what they reported, as well as one of those multiple news story internet feeds. A weak rally ensued. After the close today, I saw a clip of Greenspan continuing on, where he said something like these "valuations can't be sustained". Those who heard that must have been among the sellers near close. At any rate, I didn't like the overseas action this AM & bailed first thing on a couple light long positions, buying one (TIMT) back cheaper later. Still trying to control myself to stay mostly cash. Like Bonnie mentioned, there's a lot of small-caps out there at divergent valuations from the megabloat-caps, and I have trouble resisting their fundamentals. Like the real money actually cares about fundamentals ;-) Tom