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To: chirodoc who wrote (30525)	10/9/1998 2:43:00 AM
From: articwarrior	Respond to of 95453

Beware of anything in China. More funds about to tank an the financial sector has a lid on it so tight that Monica can't even break that pres seal!

To: chirodoc who wrote (30525)	10/9/1998 12:21:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 95453

Curtis, The 30-year bond says a slow year in 1999. So if stocks run 6 months ahead of economic conditions, then we should see a sustained upturn in the stock market in mid 1999. The problem is, is that the 30-yr bond has predicted 11 of the last 5 recessions-i.e., it's not totally reliable. And as pointed out yesterday in a CBS study, if you were out of the market the 20 best days from 1991-1998, then you return was cut in 1/2. So for that reason I'll own OS stocks now and just keep a stock loss under them. These stock s have had 50-70% "haircuts" in this downturn . Might they go lower- possibly. But the upside reward outweight the downside risk here with most OS stocks IMO.... Sincerely, Doug F.