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

To: thebeach who wrote (30738)	10/8/1998 1:32:00 AM
From: Stoctrash	Respond to of 94695

that's one F(^*^^ ONE stock beach, Pick a hand full....most got spanked today. Why was xRX up today....same deal.

To: thebeach who wrote (30738)	10/8/1998 8:53:00 AM
From: HairBall	Respond to of 94695

thebeach: There are some stocks like DELL and MSFT that will resist the overselling and lead us higher. I would not be so confident...MSFT is only a few points away from its 200 day SMA! BWDIK Regards, LG

To: thebeach who wrote (30738)	10/8/1998 9:00:00 AM
From: Philipp	Respond to of 94695

There are some stocks like DELL and MSFT that will resist the overselling and lead us higher. My understanding is that, if there is a crash, which I consider increasingly probable within the next week, that the most liquid stocks will lead the way down (mainly for technical arbitrage reasons). That would be mainly overvalued big stocks like MSFT, IBM, INTC, etc. Any comments anyone? It certainly was the case last year during the October mini-plunge; they also led the rebound then. YHOO may well lead the way down today. Regards, Phil