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To: Bill Harmond who wrote (16729)	9/10/1998 4:19:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

Based on what?

To: Bill Harmond who wrote (16729)	9/10/1998 4:21:00 PM
From: McNabb Brothers	Read Replies (2) \| Respond to of 164684

William, Looking at the S&P futures and at the discount that they closed at the end of the day, I would not call this bounce at the end of the day the end of the bear market, especially on AMZN! angelfire.com Looking at the DOW I would have to say that it is setting up to be a nice bear flag on the daily chart! Hank

To: Bill Harmond who wrote (16729)	9/10/1998 4:23:00 PM
From: Jay8088	Read Replies (1) \| Respond to of 164684

The reports of the bear's death are greatly exaggerated. (Mark Twainbear)

To: Bill Harmond who wrote (16729)	9/10/1998 7:42:00 PM
From: llamaphlegm	Read Replies (1) \| Respond to of 164684

<<<Ding, dong, the bear is dead, the bear is dead, the bear is dead. Ding, dong, the big bad bear is dead!>>>> William: I didn't think it possible, but your posts have gotten sillier and even more devoid of any analysis. If, at the beginning of this year, we asked you where you thought the dow, s&p, and nasdaq would trade if 1. Clinton faced a real possibility of impeachment. 2. Earnings forecasts for the last 3 quarters of the year would undergo continuous downward revision. 3. Yeltsin would be tottering in power and Russia would default on it's Min of Finance bonds. 4. Japan would, in a desperation move that it was resisting because bureaucrats wanted to save it for a "real emergency," cut rates in half. 5. All of South East Asia was experiencing a massive economic and financial meltdown (oh, you know Malaysia reimposes currency controls, Indonesia faces the prospect of more street riots) 6. Contagion appeared to be spreading to Mexico (off ~10%) and Brazil (Bovvespa off a mere 14% or so), What would you have said? Would you have thought that markets would remain flat? Probably not. Well, that's essentially where they are YTD (Ok, down a little). Just because we hit higher (and more insane highs) does not mean that the market has truly corrected yet. Not one single day yet of true panic selling. Moreover, if there's one segment of the market that is still widely seen as insanely overvalued it's the Internuttys. And within this manic sector, the one stock still widely seen (bye the financial press) as the paradigm of silliness, it's amzn. Or didn't you notice how amzn has decoupled from moving in sync with aol and yahoo? P