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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (6141)	10/12/1998 2:01:00 PM
From: Kenneth R Miller	Respond to of 44573

Don, I thought this might fit in here as timely news from DLJ site... "It's a bear market trap," said Bill Meehan, chief market analyst at Cantor Fitzgerald. "Even if everything in the world went well now, in the absence of earnings growth and given the poor prospects, we still have a market excessively valued." Merrill Lynch's senior market analyst, Philip Rettew, added, "Medium term sentiment is not suitable for sustaining the rally." Read the whole thing if you want ... dljdirect.com