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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (3516)	8/26/1998 5:58:00 PM
From: FishbackJ	Respond to of 4969

Great advice Steve....Btw, I wanted to tell somebody (besides myself) that Stanley Druckenmiller (sp?) from the Soros group seemed to rally the market towards the close today on bullish comments of a sentiment-based bottom on the correction...... Then I remembered; Mr. Soros lost over a billion dollars last October (along with the Neiderhoffer fund) by selling puts at "the bottom" that didn't turn out to be one. Mr. Druckenmiller made a lot of sense today, but I'm just thankful I'm a small investor, and don't have to wade into this mess until the direction is clearer. (unlike big professional money managers who have to plan way in advance) Messy, Messy averages, and today just about put Dell at the top of the uptrend channel.... Dick