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

To: PaperChase who wrote (20353)	6/15/1998 8:13:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 94695

Shhhhh......you're not supposed to tell anyone that. You might spoil the whole party!

To: PaperChase who wrote (20353)	6/15/1998 8:14:00 AM
From: Tommaso	Read Replies (2) \| Respond to of 94695

I devoutly believe in the start of a crash and a protracted bear market. But I would not be surprised to see the initial decline today turn around and recover. Too much new money is going into mutual funds. Of course, we could always have a fund-manager's panic. If they don't commit the new money, and if they try to raise their cash balances on average from something close to 4% up merely one percentage point, that could cause a large decline. Utrumque paratus.