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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (1653)	6/15/1998 9:40:00 PM
From: Tim J. Flick	Respond to of 18998

Ron... The y2k sector held it's own pretty good today despite the slam dunk. I think this is setting up the summer rally. Get everyone out and scared, then blow up making you chase to get back in. The report that you sent me on Japan and China is very bearish. I have found that these kind of reports are always overblown (too bearish). Look for the U.S. to step in on this Japanese Yen and calm the market down. Also, Japan very close to coming out with plan to flush out banking system which will mark the start of the start summer rally. Everyone.... pay no mind to this Mr. Pink. He tells everyone that he has size to short.... Yea right! It's the size sellers that do not announce that they are selling stock that you have to be worried about. Like the monster seller that took us down from $14. You notice that he did not come on the thread and tell everyone that he had 750,000 shares for sale. He's not that stupid. Market should hit bottom early this week and rally into triple witch Friday. Good luck!!