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To: Mo Chips who wrote (8581)	10/6/1998 11:17:00 PM
From: MeDroogies	Respond to of 19080

What I find amusing is his earlier comment on how everybody is smart in their own way...after he has already called half the people who post here idiots! If we're all smart in our own way, but we're idiots...hmmmmmm....I guess we're all idiot savants! This guy is all bluster. So what if he posted that on July 31st? He didn't "call" anything. From what I see, the market is taking a much needed breather. The economy is NOT unhealthy, though it is tired after a marathon run. The kind of wavering we're seeing...200 pts up here, 200 down there, is typical of a market in equilibrium. That means the money is there, it just doesn't know what to do yet. I have been 55% in cash since last January. I missed a big runup. BUT, I also missed a big meltdown. I own the best performing stock this year - AAPL - as well as several poor performers (though if you throw out the last 2 months I was WAAAYYY ahead - too bad you can't do that). Once better economic signals are apparent, the market will make a real turn. Chances are, these signals won't appear until the New Year. But, one never does know.