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Re: Bear MKT



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On Mon, 27 Oct 1997 19:39:14 -0800, you wrote:

>OK - somebody has to say it, might as well be me.
>
>I believe we are entering a BEAR market which will take the Dow to below
>5,000.
>
>I base this on Trendlines, Fib. and gut instinct.
>
>There I've said it, now as is the recent tradition with realtraders -
>you may shoot the messenger:)
>
>Maximus Profitus
>Jay Steel

Jay,

How many bear markets in this century have we had where there was not
rising interest rates?  None.  Relax.




James A. Roush
jar@xxxxxxxxxxx