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

To: Pierre J. LeBel who wrote (30817)10/8/1998 9:14:00 AM
From: bearshark  Respond to of 94695
 
It won't be pretty.



To: Pierre J. LeBel who wrote (30817)10/8/1998 9:20:00 AM
From: Philipp  Respond to of 94695
 
S&P Futures on GLOBEX DOWN the limit!!!!!

If the market opens like the futures suggest, we may get an immediate crash signal. Could today be a 10 % down day? The German Dax is almost in free fall, the UK FTSE is not doing much better after a disappointing 1/4 % rate cut.

Good luck to all.

Phil



To: Pierre J. LeBel who wrote (30817)10/8/1998 9:22:00 AM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Stocks are trading at undervalued levels.... We believe that market action in recent weeks represents an overreaction to incremental information. - Abby Joseph Cohen [August 5, 1998. This quote is a candidate for the Irving Fisher PHP Award for 1998.]

This expansion will run forever. - Rudi Dornbush [MIT economics professor, July 30, 1998. Another candidate for the Irving Fisher PHP Award for 1998.]


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