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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (718)	7/13/1998 11:20:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 3339

Bubble People, with a slowdown on this thread (a several day gap in early July) and the Kahuna thread lately, it would not surprise me if a correction is looming SOON. Intel reports after the bell tommorrow. Hashimoto's resignation may be another bottoming indicator (capitulation) for Japan (I posted that this might happen several months ago on the GPM thread) and today the N225 did a nice reversal and a follow thru tomorrow would mean a retest of 17250. I also posted on the GPM thread on June 14th that the LA Times front page headline about "Japan's recession and threat to world markets" was also a bottoming indicator and the N225 has shot up on way above average volume, since then and the down days have been on below average volume. Our bubble has been fueled by scared foreign capital. If that capital is repatriated, there goes our bubble. no guarantees from the management, and past performance is not an indicator of future performance. bb