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To: Eddie Kim who wrote (63847)9/5/1998 8:19:00 PM
From: jim kelley  Read Replies (1) | Respond to of 176387
 
Eddie,

The stock market as a whole is the best value that it has been in a year.

The fear driven panic selling of late is likely to disappear as quickly as it has in the past. Those who are short the market are likely to be badly burnt.

This is a buying opportunity that can not be easily dismissed.
This buying opportunity is increased by the prospect of the FED lowering the interest rates. A decrease in US interest rates would be very beneficial to the world at large and would provide a psychological boost to the foreign economies currently in distress.