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

To: HairBall who wrote (20381)	6/15/1998 1:06:00 PM
From: coug	Read Replies (1) \| Respond to of 94695

Larry, The world according to me, is that the smart SEA money is already in the US markets, any money coming from there now, is discounted too much. AND that SEA money in the US and Euro markets might have to come out to salvage their own economies. So I believe the only money to hold our own markets up is our own, and it takes more and more to hold at these levels, so it goes into fewer and fewer stocks. Eventually, it will all be in GE and MSFT. I don't know if you people discussed stock buy backs in the popular averages, but they are another prop that is rotated thru the high cap stocks. They are announced to help the price, but they are not required to carry thru and and a lot never are as I understand it. Good luck..... the COUG