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


To: William H Huebl who wrote (24355)8/15/1998 2:45:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Bill, my guess is as good as yours, I anticipate a move up for complete different reasons and they are LOWER INTEREST RATES .

The reasons why are:

1. Lower interest rates will ease the pressure form many currencies, including Japan and Russia.

2. The economy is slowing quite fast and AG needs to inflate a tad ohterwise he will be blamed for all the bad things that may arise

3. The US Bond market tells us that by having such low rates or actually an inverted yield curve

4. Clinton will confess and a relief rally is anticipated.

The bulls are tired BK tread is very popular, teh Bears are confused and "Joe SIx Pack MArket goes up" is in "for the long term" still as he is not out of work yet. He believes we are in an "Healty Correction"

Aside markets are not easy, do not move in a straight line.

YHOO, AMNZ the other gang are still in the stratosfere, they may collapse soon after completing their top. Pesimism is quite rampant.

Aside 1000 DJIA point is still substantial.

Will the market move lower that's for sure but later after a brief rally were all the bulls will declare the "correction is over" my gues is around SPX 1100 to 1120.

Those are my 2 cents

BWDIK

Haim