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

To: James F. Hopkins who wrote (23201)	8/4/1998 3:07:00 PM
From: P.T.Burnem	Read Replies (3) \| Respond to of 94695

nor do I buy that low cash level tune that CNBC keeps whistling. Most MF managers whom I saw appearing on CNBC lately emphasized that as soon as they got the cash, they immediately put it to work. MF cash is at a record low. To make things worse, those who have cash are in no hurry to buy while the Dow 10,000 crowd is fully invested. PTB

To: James F. Hopkins who wrote (23201)	8/4/1998 3:31:00 PM
From: Tom M	Read Replies (2) \| Respond to of 94695

Jim >>If you don't count the clowns using their credit cards to buy stocks<< That's EXACTLY who I'm referring to, to set the lowest lows on low volume. This won't feel like a real correction to me until the bid keeps dropping on low volume with people on the threads starting to say "someone please buy some of this" :-) That is of course, if they can first put enough fear in some of these bloated issues to get people to want to stop buying the dip. Hell, CPQ down 1/8 today after a 40% rise on zero and .02 quarters. There ain't no fear there! If we're going to have a correction that corrects the techs, we've got a ways to go if they want to actually accomplish anything. BWDIK etc Tom