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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Dwight E. Karlsen who wrote (47570)	7/10/1998 5:47:00 AM
From: sammy levy	Read Replies (1) \| Respond to of 58727

Y2K---a little twist geocities.com Thoughts anyone?

To: Dwight E. Karlsen who wrote (47570)	7/10/1998 7:06:00 AM
From: donald sew	Respond to of 58727

Dwight, >>>>>> "Leading decliners was SAP AG (SAPG_p.F). The firm said that the Asian crisis had a greater effect on its business in the second quarter than previously expectd. [huh? how is this possible? I thought that earnings were rosy, or at least didn't matter? I thought that even though Japan was in recession, Europe was going to provide the earnings this quarter. I thought that stocks in record territory meant that the asian crisis was over. I want my mommy!]<<<<< I actually like and agree with your sarcastic tone. Exactly how I feel. In a way I feel the market is being manipulated by many of the big boys. Bullish sentiment is high according to the survey shown on CNBC and most of the analyst are still bullish, although stressing caution to cover their butts. The big boys have plenty of technical analysts at their firms which are seeing the same thing that I am and many other TA's are seeing, which is a pulling back mode, but their caution to the market is minimized, but believe me they will pull the trigger really fast to sell which they dont say on their interviews so they can suck more of the small investors to keep the market up as they sell. They only talk about interest rates and the good economy and the strong money inflows. Well the main reason the interest rates are so low is due to flight to safety(not to discount low inflation), and if it wasnt for the flight to safety the rates would be alot closer to 6% or even higher. Then they say that Asia may stabilize soon, then we have nothing to worry about and the market should run up alot higher. Well, if Asia stabilizes wouldn't money start to head back there, so Asian money and speculative moneys from foreign investors will then leave our bond and stock market and as it leaves our bond market the interest rates should increase. How many times has that been mentioned by the media and analyst. I still get calls from brokers to buy now with them saying we are heading to 10,000 and everything is rosey - sorry I hate the devious ones and I believe there are many out there and out number the honest ones. "NO WAY CAN THIS MARKET EVER GO DOWN AND EVERYONE WILL BECOME MILLIONAIRES" Seeya