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To: Gabor who wrote (7459)8/6/1998 9:12:00 AM
From: Manly  Read Replies (1) | Respond to of 9343
 
Eyeball Report!
fnews.yahoo.com
Ignore the Yahoo thing at the top. Looks like Excite is moving, seek is holding their ground and Disney.com is moving in the right direction! 18 more minutes till the market opens.

Glenn



To: Gabor who wrote (7459)8/6/1998 4:03:00 PM
From: SkyDart  Read Replies (1) | Respond to of 9343
 
<<I hate to rain on your fire, but the market is going to tank...>>

As I said, We have the necessary pessimism to fuel the next advance. All major market advances are fueled by a "Wall of Worry". I might be more inclined to agree if things were different; among them being overly positive sentiment. Marty Zweig, who correctly predicted the 1987 crash, noted that positive sentiment among advisors was at a high just before the crash. THIS IS NOT THE CASE NOW.

If we read the representative posts here, and gauge the sentiment by the CNBC soothsayers, we note that people are much too worried and therefore have enough cash on the sidelines to fuel a sustained rally.

The more astute investors buy first while the fearful remain on the sidelines and buy in after the advance is well underway. The market looks good today with continuation of the reversal with around a 40 point rise on the NAZ.

All just my humble opinion,

Jeff