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

To: bearshark who wrote (32452)	10/26/1998 6:04:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

bearshark, I agree, who doesn't like sure things? But, then again, we only know we're really alive when we feel some apprehension. GZ

To: bearshark who wrote (32452)	10/26/1998 6:28:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Bearshark, we are up for BIG TROUBLE, just spoke to one of my friends in suburban NJ, what he told me that on weekend people do not care even about their jobs paycheck increases, but spend their "paper gains" every time their holdings go up.(it so happen thet he is a financial journalist) Two weeks ago the regional mall was relative empty, until this week, after the 1000 DJIA rise. No wonder AG was in disspair lowering rates. Now that to me sounds like "musical chairs", you can not live of the "paper gains" and sometime you must also dip into those stocks and pay your bills. Interestingly it makes sense as in this week Barron's there is a piece on page 41 were the saving rate is almost 0% of disposable income. I am not sure for how long stocks can be traded as pork bellies with complete disregard of historical valuations. Oh well sorry that I bring up AGAIN this FA thing <ggg> One more observation most of the "helium" stocks such as CSCO, DELL, YHOO, AOL, AMZN and other related to the bunch go up $1 to $2 on average around noon exactly wen all folks take their midday break and call their broker to buy at market. IMHO it is very scarry and I better stay out than being long overnight. BWDIK Haim