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<DIV><FONT color=#000000 size=2>I thought to pass this along.. interesting..we
are at new highs...but the breadth still isn't wonderful and momentum seems to
be stalling.. Bonds as you know have been getting hit... Speculation is wild.[
Internets].. PEs at 32... wonderful... </FONT></DIV>
<DIV><FONT color=#000000 size=2>Our models kicked us back in slightly we had
gone from being flat in Oct to 90% invested.. then down again to 45% but on
Thurs we recieved a signal to add 10% exposure.. we stand at 55% invested.. very
cautious stance at new highs... or will they stay new highs???????</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Andy Abraham cta</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Mon Dec 28 12:35:39 1998
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Date: Mon, 28 Dec 1998 04:45:19 -0500
From: michael arnoldi <marnoldi@xxxxxxxxxxxxx>
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thanks jim for your building blocks & html choice.
have a happy & prosperous new year
mike arnoldi
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