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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (44206)10/24/1999 1:37:00 PM
From: Lucretius  Read Replies (2) of 94695
 
i think many will believe 8000-8500 is a bottom and i think there will be a very real and believable reason to believe it at the time (bond mkt bottoms, etc.)... but ALL but a few will be shocked (or should be?). a crash only occurs after most bears have covered. at such point before the bottom actually falls out, well known bears should announce that the bottom is in, thus indicating that they have covered and/or gone long. (Berstein at MER, Ralphi Makeyapoorer, etc) THEN we actually get the crash.
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