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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (10580)	4/11/1999 8:18:00 PM
From: Les H	Respond to of 99985

As more high-tech and internet stocks make their way into the Nasdaq Comp, the S&P 500, and the S&P 100, I could imagine 20-35% corrections and 40-50% bull runs becoming commonplace a couple of times a year.

To: Lee Lichterman III who wrote (10580)	4/11/1999 8:39:00 PM
From: Stephen	Read Replies (1) \| Respond to of 99985

Lee ... don't forget the little matter of the way stock options in lieu of salaries is a skewing factor as to the real operating profitability growth figure. In reality, I have no idea how historical comaprisons stand ... except they are way off the chart !!! Stephen

To: Lee Lichterman III who wrote (10580)	4/12/1999 12:19:00 AM
From: Gersh Avery	Respond to of 99985

Sorry L3: Gersh tells me I am pushing his buttons then uses the word "Buy" and "MU" inthe same sentence and isn't talking about puts. Arggh I had to run to the bathroom and was sick for over an hour <ggg> I forgot to take my evening medicine and started to take a walk on the dark side .. I'll try to avoid that in the future .. You observation about the charts not saying BK .. let me be a little more plain .. when the bubble does pop, I think that there is a strong chance that the charts won't show it coming. FWIW BWDIK etc. Gersh