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To: bill meehan who wrote (23022)	3/3/1999 12:53:00 PM
From: yard_man	Read Replies (2) \| Respond to of 86076

NEWS FLASH!!! <VBG> biz.yahoo.com

To: bill meehan who wrote (23022)	3/3/1999 12:54:00 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 86076

You are right, Bill (Tip - thanks for pointing that out) As of yesterday's close, S&P is slightly below it's 50 DMA. Allow me recap your yesterday's appearance on CNBC. Correct me if I am wrong: You said: * you are concerned about the stock market, primarily on valuation basis. * you don't like the complacency surrounding stocks. * bonds look attractive but they might react negatively to a strong employment report on Friday. But you would nibble bonds here. * you are telling you clients to raise maximum levels of cash. * you felt that may the notion that earnings and valuations matter is just a myth! * you expect (or wouldn't be surprised?) to see a pretty violent sell-off. * when asked about the potential trigger, you said we will all know it in hindsight only but earnings warnings from techs could be a starter. * speaking of hindsight, your remark on Greenspan's (now notorious) "bubble-in-hindsight" comment is not very clear to me. I thought it is tongue-in-cheek swipe aimed at Easy AL. Did I miss more?