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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (23695)	2/21/1999 1:21:00 AM
From: James Young	Read Replies (1) \| Respond to of 50167

James, Thanks for sharing Don Hayes Market Comments. May I ask how you did you receive his market's comments?

To: James Strauss who wrote (23695)	2/21/1999 11:17:00 AM
From: nextrade!	Read Replies (1) \| Respond to of 50167

James, thank you. I used to have a broker at Wheat that would allow me to listen to Don each morning on the firms squawk. Don has a deep understanding of money supply and has always stuck his neck out. That in itself one has to respect. I recall when he was forecasting DOW 5000 and it was thought of as a wild idea! <g> I also am aware he became cautious about two years ago and missed a piece of this historic bull move. I did have access to his hotline some time ago but since has been unavailable. Don's market read is worthy. Thanks again. nextrade!

To: James Strauss who wrote (23695)	2/21/1999 10:28:00 PM
From: j g cordes	Respond to of 50167

Here's the problem with this analysis.. its not following the money. "If you use the Value-Line Arithmetic average to measure the typical investor's portfolio, as we do, you see a peak in that index of 998.64 on April 22, 1998, which finally dropped to 714.17 on that October 8, 1998's plunge. We now see that index rallied up to 953.04 on January 11, 1999, and on Wednesday made its lowest close since then at 874.79. As you can see, it is still 12.4% under its record high of last year.