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

To: Berney who wrote (40363)	6/1/1999 4:09:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 94695

Maybe the gurus are on TV to boost their egos....

To: Berney who wrote (40363)	6/1/1999 11:34:00 PM
From: Skeet Shipman	Respond to of 94695

Bernie, Thanks, it was relooking at the data, subconscious memory of some of Greenspan's comments, and a shift in perspective. Some economists think part of the strength in spending has been due to refinancing which is a nonrecurring item and slowing significantly. Others are looking at the correlation between oil prices, inflation, Fed policy, and productivity. I am really just frustrated with my indicators which unlike last year are catching every short term move and conflicting. I would prefer to understand the relationships between movements, sectors and markets. I'll refrain for now from expanding on some of the concepts in my last posting, too scary, too many ramifications not to have a solid perspective on them. In general, I think this market is too risky for both the longs and shorts unless you are very short term or a day trader. Yes, there are profits to be made if you catch the reversals right; yet, it has the potential for some sizable moves against you. Skeet <Number 3> <ggg> <Just saw Bill's call.>