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

To: Haim R. Branisteanu who wrote (32458)	10/26/1998 8:08:00 PM
From: bearshark	Respond to of 94695

Hi Haim: I don't mind hearing about fundamentals. Things could always get worse. However, there are some things I noticed in the last two days. Last night I posted an article on AMP that showed a surprise pickup in their Asian orders. Today, the WSJ-interactive had a piece on the closing and delay of new chip facilities in the U. S.. I took that as a positive now that supply is being reduced. They also reported that PC sales were great in the third quarter. Italy lowered rates today--after two weeks of badgering by the U. S. and developing countries. Japan took the first step in cleaning up its banking mess by nationalizing a sick bank and preparing to sell its assets. These tidbits could indicate a turn for the better. There also was an article about another hedge fund losing 30 percent of its assets in October. Brazil could go belly-up--if we let it. Earth could be hit by a comet. I spent the latter half of 1997 sticking it to the pigs and lambs. Then I had to join them for much of 1998. We had bear markets in the SOX, RUT, OSX etc. However, to date, we had a nice healthy correction in the DJI and INX. Money kept the major indices short of a bear market--so far. Those pigs and lambs are not afraid. Forget the stinking bull, we cannot get by the lambs and pigs. There are just too many of them.