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

To: Skipperr who wrote (40491)	6/4/1999 2:07:00 AM
From: Berney	Respond to of 94695

Skipperr, I saw that article. I did my own analysis for the last ten years and the worst month for investors is ... drum roll ... August. It took over from October last year. Many of these kind of issues come down to the use of the scientific method -- where one starts with a hypothesis and attempts to prove it. Actually June and July have not been bad for investors. It's that August through October time frame that gets brutal. Actually, the fundamentals (sorry Bill but I still cannot resist) for this quarter look pretty good with a 15% growth rate in eps for the Big Boyz. Next quarter is projected at over 30% because the third quarter of last year was so abysmal I really believe that this is why the fed is throwing water on the market; they don't want a blow off. They understand that a blow off now in front of real or imagined Y2K concerns could really be a problem late in the year. However, we are in a market environment that it is only today or the next few minutes that count. In this case, I'm really looking forward to see what happens tomorrow. From what I heard today, they are already saying that, in fact, it is not important, and it really is the next CPI numbers that count. That gives us two more weeks of extreme volatility. Berney