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

To: P.T.Burnem who wrote (20499)	6/16/1998 2:50:00 PM
From: P.T.Burnem	Read Replies (2) \| Respond to of 94695

Amazing complacency. The Dow is down 0.5%, and the VIX is marginally down. The last 30 minutes of the trading day could turn out to be very interesting. PTB

To: P.T.Burnem who wrote (20499)	6/16/1998 6:31:00 PM
From: jef saunders	Read Replies (1) \| Respond to of 94695

> yet few money managers are worried well, all the ones that are worried were on CNBC today. one said that the greed we had in the first quarter needs to turn to fear in the 2nd quarter...that we had a wild run-up and that stocks are overvalued at these levels. every one of them was talking of at least 8500, that there was more pain. that with hong kong, korea, (london and germany last night)...that large multinationals are going to be hurt by both foreign demand, and foreign exchange rates.