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To: Wayners who wrote (17291)	6/12/1998 2:35:00 PM
From: Box-By-The-Riviera™	Respond to of 45548

I understand what you mean..... and I sure hope there's enough growth domestically not to cause an extreme slow down leading to a recession..... I do think there is the potential for both markets to make new highs in a final "blow off" before a bear sets in, if in fact it hasn't started already.... I also agree the inversion hasn't been long enough yet to be really reliable.... but certainly there's a whole lot that is negative that's hard to argue with now....or for which to see a positive solution..... Joel

To: Wayners who wrote (17291)	6/12/1998 2:39:00 PM
From: joe	Read Replies (4) \| Respond to of 45548

Ok thread, do we still see a bottom in sight? Explain this one from Briefing.com: (nice timing) 14:00 -- 15:00 ET (Updated throughout the hour)****** 3Com Corp. (COMS) 23 15/16 -1 1/16: Prudential Securities lowers estimates on computer networking concern due to difficulties in remote access and modem businesses; maintains "hold" rating but lowers fiscal Q4 EPS from $0.23 to $0.15 a share, FY98 to $0.69 a share and FY99 from $1.65 to $1.35 a share.....

To: Wayners who wrote (17291)	6/12/1998 2:48:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

I've read large pieces of Zweig's book... AND by far his biggest indicator's of bear markets, and what controls markets in general are INTEREST RATES. His interpretation for the future would be bullish. Interest rates are very bullish for a future rally which I think will happen. But right now we are in a correction, and the market doesn't seem too sure of where the bottom is, mainly because it's not sure about profits coming up. And this is a big result of the ASIA problem. the ASIA problem takes away a lot of visibility for future earnings - especially so with the semi stocks. So, I think we'll get the tech rally again eventually, but first when's the bottom? - I have a feeling we will be testing it more than you think....the market likes to overdo the fear thing when it can. joe

To: Wayners who wrote (17291)	6/12/1998 2:54:00 PM
From: Mr. E2u	Read Replies (3) \| Respond to of 45548

Wayne OFF TOPIC>> I noticed in your profile that you are into TA. I've read a book by Martin Pring and one by Alexander Elder but outside of that I don't have all that much experience with TA. I do use it a lot though and am continually learning. Do you have any recommendations for books or software? I have Window on wallstreet but haven't connected with Dial Data yet. I use IQ net and ASK research for free which gives me enough info for my current trading/investing style. I also see your an engineer. My brother is an electrical engineer who is a co-founder of a small start-up tech company in Silicon Valley. The CEO he works with is the founder of Adaptec, Auspex and the inventor of scuzzy logic. I already own stock and will buy much more before the IPO whenever that will be. I've got to go to bed> It's 4am here in Japan, where I currently reside. I can rest well knowing I picked up my call options at the lowest price that the MM's sold for today. ZZZZZZZZZZZzzzzzzzz Good Night! regards Brad