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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lee Lichterman III who wrote (46219)3/7/2000 9:47:00 PM
From: robert b furman  Read Replies (1) of 94695
 
Hi Lee,

Well said!! I owned a geo metro in 89-91. Great car.I love your pay back scenario. It looms large !!

Fear will replace greed soon. I'm looking for a failed ( I'm talking subtle here) second top in the russell 2000 - as the spoo falls harder just like the dow fell harder today.

All this speculation will last top out in the small caps -so subtly it must be closely watched.The rest will have failed " Holy grail" rallies - just as the dow did yesterday morning. If you look at the daily time period with a 20 ema average it sunk from the early morning .(like a dumba$$ - I didn't short the DIAmonds). JMHO

It will get ugly when the late MOMO investors attempt to sell "at the market in the NAZ".

Did you see how tough it was in a liquid market for PG today?It opened with a 31 billion ( 30 % haircut ) . When the fan starts slinging in the naz - my lo-balls will be 50 % plus on the down side I'll be lookin for a 20 % pop in 3 days and out !!!

Bob
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