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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (39344)	4/4/1999 10:00:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 94695

Hello J P, let me throw my 2cents worth in here. As to "And if the advance broadens out, we could go on a tear to the upside". The key word is "if". The answer is "if" that happens they may be correct but "if" the ones on the bottom stay on the bottom and "if" the ones that are at the top of this mania fall the reverse is going to happen. <g> With earnings falling, interest rates rising (internal rates), companies borrowing money hand over fist to finance stock buy backs, etc. I for one am bearish. That is not to say that I don't think the market can go higher. The problem with a mania is that there is no way to measure how long it can last. FWIW Monty