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Strategies & Market Trends : Earth Shaker's Salt, Pepper and Most Precious Treasures -- Ignore unavailable to you. Want to Upgrade?

To: Walk Softly who wrote (45)	8/12/1998 12:49:00 PM
From: Walk Softly	Read Replies (2) \| Respond to of 69

Well we're getting the predictable bumping and grinding as the big guns duke it out... slowing economy... Greenspan will lower rates as he's plays catch up to the 30year bond and utilities index.... this may turn out to a profitable 3Q for the major averages similar to 1993 and 1995..... not talking major gains here just an upside bias.... we need consolidation above 8600 before new money commitments start happening.... however, for the risk takers, best rewards happen to those smart fellows investing when risk is highest... folks the market fundemental underpinnings are actually improving... especially looking ahead 2,3,4 quarters or so.... talk eps, interest rates, supportive fed... hard to make a bear fundamental case.... short term technicals continue to improve in the market..... I really liked the DJI brush with 8300... a sure sign of bear capitulation... they ran out of margin here.... My best performers today are TWMC and unbelievable BGG.... MLG PSIX with CACOA close behind..... othes would be ELNK DRI CBIZ RXSD APCC WPSN USWB RYAN BEAV..... and ta daa!!!!!! ELNT turning off a nice bottom looking very good in the 4s breaking the 21DMA.... short term trend up.... mid trend soon to turn up...... QFAB VRTY WSTF SOFT AWA BEAV HOTT MTMS PMOR are screaming buys here..... Good luck.... and stick with what you know... most important part is to STICK with it unless the fundamental change.... ES