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

To: BubbaFred who wrote (27504)9/12/1998 9:38:00 AM
From: Haim R. Branisteanu  Respond to of 94695
 
THIS TIME IT IS DIFFERENT <gggg>

We are all BULLS and trust fiat money and fiat stocks.

We are more advanced therefore a 50 PE will be the norm <LOL>

Why?? ask your friendly brocker at Merrill, Lehman, Goldman, Bear Sterns, Edwards etc.

Haim



To: BubbaFred who wrote (27504)9/12/1998 10:42:00 AM
From: bobby beara  Respond to of 94695
 
bubba, sentiment and breadth indicators are indicating we may have hit a short term bottom and may have to get more overbought before any further re-test. We would need a major shock to bring the market down, in this environment.

There was definitely a blow-off in short term (and long term) treasuries on thursday and a reversal on Friday, which means that we probably made a fear bottom on Thursday, and the Friday morning sell-off was the re-test.

bb


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