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To: MrGreenJeans who wrote (2260)	11/23/1998 11:04:00 PM
From: Investor2	Respond to of 15132

Re: "Are you selling into this strength since the six week period was unusually strong?" So far, I've only done a little very selective selling of things that I've been waiting to get out of for some time (a utility stock, mainly). If the market keeps charging ahead, I'll sell a couple of other stocks over the next week or two to rebalance and simplify my portfolio. At this time, I'm not planning any major selling. Best wishes, I2

To: MrGreenJeans who wrote (2260)	11/24/1998 6:18:00 AM
From: Justa Werkenstiff	Respond to of 15132

MRGJ and All: All I can say is that the higher this market goes in parabolic fashion, the more likely we will have a nice correction. This is not healthy. This leg up is liquidity driven and the sentiment indicates that most who planned to buy, has bought and all the shorts that have planned to cover have covered. Portfolio managers are trying to play catch up to thei built in underperformance from having decided to raise cash at the bottom. They will lock in profits soon for the year. Greenspan only cared really about the credit crunch here and in the rest of the world. He took a risk with the equity markets. Sure he was hoping for some positive effects of his rate cut in the equity markets, but his head must be spinning after yesterday. And you can bet once the credit is loosened, he will go into neutral and let the equity markets go their own way. He won't talk them down because he know they are susceptible and he needs them as a foundation to the economy. But I bet he is getting just as concerned about these lofty equity markets as he was about the credit crunch one month ago. Everyone is now bullish. CNBC has a parade of bulls now. It's a joke. Where were they one month ago? Acampora is bullish again. What a "trend follower!" Sees 10k as possible by the end of the month when he was looking for 6500 in the middle of October. He makes me sick. And now here come the weak hands again. If they want my shares at double to triple the price of one month ago, I have to let them have some.