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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Kailash who wrote (17651)	3/12/1999 2:07:00 PM
From: larry	Read Replies (1) \| Respond to of 18691

You said: "In retrospect, pundits will claim some triggering event - maybe China will devalue, or MSFT warn of a weak quarter."...... Niether will happen in the forseeable future. The bears have bet or have at least spread unsuccessful rumors about a devaluation of Chinese yuan for some time. They will get exactly the same as they got in the past 18 months - disappointment. As far as MSFT goes, this is even more ridiculous. larry!

To: Kailash who wrote (17651)	3/12/1999 5:30:00 PM
From: Tom Hua	Read Replies (2) \| Respond to of 18691

I mean, everybody except Ralph Acampora knows this is the top; we're supposed to go to 10,000 and nobody really took seriously the question of what we'd do next. Kailash, this morning Joe Kernen and Mark Haines commented that the one decisive indicator that may lead this market down is Acampora's call of Dow 11,500. Haines remarked that the guy has been so wrong everytime he makes a call. As recent as last week, he was preaching a market correction but quickly changed his position today. Last October, after the Dow has made a triple bottom at 7400, Acampora came out and called for Dow 6500. And it goes on and on. Regards, Tom