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

To: yard_man who wrote (29244)9/28/1998 5:19:00 PM
From: HighTech  Respond to of 94695
 
I look more at technicals than funnymentals. S&P broke downtrend line last week. Looks good for short-term. It will move nicely if Mr. Market likes AG's words. I will short it on next big rally, maybe tomorrow. Yeehaw!!!!!!!!!

Holding any individual stock can be hazardous if big news hits.

HiTech



To: yard_man who wrote (29244)9/28/1998 9:51:00 PM
From: Sleeperz  Respond to of 94695
 
The S&P 500 is kept upto date by trimming the losers and adding in
the winners. Think of the SPY as a Front and back end LOADed Mutual fund with no management fees.

CL

>>> I don't think I understand. The SPY is made up of stocks in the S&P 500. The earnings of the S&P 500 are have been revised downwards twice in the last month by some of the brokerages. Why is the S&P necessarily safer than long something else ...? <<<


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