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


To: bobby beara who wrote (23421)8/6/1998 12:06:00 AM
From: Brad Bolen  Read Replies (1) | Respond to of 94695
 
ARRRRG...

The talking heads on Nightline..more of the same tripe. Stocks for the long run, only a correction, little guy saves day....etc. Mary F. and Makempoorer. I wonder if they were saying that in Japan in 90.

To answer the question of who is selling...I thing it is foreign investors. Why would they hang here if our market is looking sickly, Clinton is worrying them, and there are government programs being initiated in their own countries to turn them around?

B.



To: bobby beara who wrote (23421)8/6/1998 1:03:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
The 89 Day MA on SPX is actually falling now. It didn't do that in Oct 97.



To: bobby beara who wrote (23421)8/6/1998 7:01:00 AM
From: P.Prazeres  Respond to of 94695
 
Bonnie,

I should have put a <g> after my point statement and apology...

By the way , I think that we are headed under 8000 and as soon as next week.

Paulo