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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Marty Rubin who wrote (13209)	8/27/1998 11:45:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 18691

Marty, that was just the morning session in Tokyo. Down 361 now, headed back toward 14,000. Oops, make that -379. Bob

To: Marty Rubin who wrote (13209)	8/27/1998 11:47:00 PM
From: Scott Moore	Read Replies (3) \| Respond to of 18691

I don't see a panic for quite awhile as people always try to use logic to justify a drop and the odds are against that. You've got the folks that have owned the funds and blue chips which are just now feeling some anxiety. Another bunch that are feeling pain in the midcaps and are trying to rationalize it will get better. And another bunch that have already crossed their threshold of pain and really are numb to their sizeable losses already and they just enjoy the game. I have had years of experience with gamblers and have seen denial in all forms. Believe me, so far this correction has not created that much pain, yet. Scott