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


To: Oeconomicus who wrote (23463)8/6/1998 12:30:00 PM
From: P.T.Burnem  Respond to of 94695
 
SP500 is down almost 10% off its all-time high, and the bulls are desperately trying to keep their "10% correction" story alive. $100M is a chump's change compared to what they might lose in a bear market.

They may yet succeed in August, but even if the do, the market is likely to sink to new lows this fall.

PTB



To: Oeconomicus who wrote (23463)8/6/1998 12:31:00 PM
From: James F. Hopkins  Respond to of 94695
 
BOB; LOL , RE> Gee, I though we had a level playing field.
and PS: They didn't say, but could that program have been from Goldman? <<<
The playing field is slanted for the insiders,and you know it !
There is so much they never say !!..
Like there is no earthly reason they can not feed us a running
number of short sales, except it would level the field too much.
I have no idea if it was Goldman that did the big buy program,
there is a lot of speculation on that.
But Goldman is not some super power, Fidelity could eat them up
and spit em out without missing a beat.
While Fidelity is the biggest of the Funds, I respect the
Janus Family the most for their ethics, and the Royce Funds
also have my respect, while Dryfus is low on my list,
it's not the worst. I see some Funds that are nothing but
dumping grounds for dieing stocks and they are ripping off
401k money left and right from people who think they are
building a retirement, it's a disgrace that the SEC is not
on their case.
Jim