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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (3112)	2/9/1999 1:22:00 PM
From: Kevin Shea	Respond to of 57584

Rande; there are many technical indicators that are pointing downward and these are supported by a few overvalued fundamental characteristics such as PE of S+P. Acompora is a member of the international technical analysts group and likely is keeping one eye on the technicals, one eye on fundamentals and then weave a story. Most TA professionals are suggesting a major correction following a topping period .... which is now. Thus, I'm not surprised at Acompora statement. He just needs to make it iffy enough for him to be right either way. Remember he predicted a 10,000+ Dow? was he right and does anyone care or remember? Look for signs of rotation.... e.g. recent upmoves in metal related stocks PD, IAD, N, etc.... This rotation hint might be wise to consider for SSLs. Until then I think the small/micro caps stocks offer some benefit.