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

To: Gary R. Owens who wrote (25571)	8/29/1998 7:43:00 AM
From: PaperChase	Respond to of 94695

>>The small investor is not panicking. This is a buying opportunity<< This looks like CNBS regurgitation. The small investor is pulling winnings out of their mutual funds. There were negative flows out of mutual funds last week. Golly Gee, we haven't even hit earnings warning season yet. Yikes. Rally next week. Then Dow 7200, Nasdaq 1480 in one fell swoop when one of the large cap darlings warns. MSFT has REALLY REALLY gone out of its way this past quarter to warn of slowing PC growth and its affect on their business. Nobody is listening (again). MSFT along with Intel's forthcoming trainwreck will likely be the catalyst for putting the Nasdaq in the low 1,400's.