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To: Berney who wrote (3437)	8/13/1998 10:45:00 PM
From: Investor2	Read Replies (1) \| Respond to of 11051

What about Kellogg? Best wishes, I2

To: Berney who wrote (3437)	8/14/1998 4:03:00 AM
From: MonsieurGonzo	Respond to of 11051

Berney; RE:" Waitressing for Godot " The Honk recovered ~4%, traders say it's "short covering". The EU is recovering, too - a lot of damage done on the DAX and CAC ! Scandinavia was quite weak; Norway (non-EU) had to raise their prime rate to defend the NOKroner - weak oil prices hurt them - NHY dropped to 38-5/8, and I picked up a few shares; my next buy level is 36~37. Will the Fed/BOJ/DB pressure BigOil to reduce the oil surplus to keep Russia solvent ? NOK.A - 1x72/2x68/3x62 there's a gap at ~70. ERICY - 21-1/2 PHG - 1x77/2x72/3x66 opened at 76 today; didn't buy any. WMT - 1x59/2x57/3x54/4x49 revised my buy levels today. MTC - sell PUTs whenever it hits 52; friggin' money machine. HWP - ain't going below ~49 for awhile, IMHO. Yeah, I wanted to see the market tank some more, Berney - those broker stocks are w-a-y oversold, and I missed some of them the other day; fast market! Next week is options expiry; we should rally ( kill all the late PUT buyers ;-) if the world economy doesn't collapse. Whatever did not go down much the last 3 weeks, folks will buy; there is still a perception that something - Drugz/Retail, TechStocks, etc., are a refuge. Bonds? not much room left there, save a panic-flight. 'bottom' is usually when people feel that there is No Exit. -Steve