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To: waverider who wrote (4655)10/26/1998 3:13:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 14427
 
DH,

Maybe we should all just stick our heads into the sand and join the herd in this rally. Unfreakingbelievable....

Maybe we're just fighting the tape. The trend is our friend and we ain't listening. Short-term we look pretty darn good for a stable market. All the doom and gloom from a month ago has been tossed. PE at 25 is the norm and the market is loving it. Is this a bear trap? Hell, I hope so, but it looks stronger every day. Oh, well....back to work.

mike



To: waverider who wrote (4655)10/26/1998 4:31:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
D - AFS closed below 67 today but not by much. If we get an early weakness on AFS tomorrow, the immediate trend would be down for this group. I have KRB, COF, PVN and AFS in the group. Other than this group, and a confirmation is needed, I've been or going to be long on selective small caps stocks except gold.


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