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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gary105 who wrote (48928)10/18/2000 6:52:33 AM
From: William H Huebl  Read Replies (3) of 94695
 
No doubt we are in a bear market with NAZ down 50% and NYSE down 20%.

Whether we have a crash or not is controlled by the lems... do they want to continue dollar cost averaging or do they want to cut their losses and scram???

Take Globex this morning 22 down NAZ but only 4 down S&P. WHERE IS THE FEAR??? The answer: there isn't any. Should there be? That depends on your perspective... if you are a DCA lem, it just means you are getting good stocks at cheaper prices???

The problem with trying to forecast BKs is not that "this time it's different..." but it is "each time it's different!"

By all accounts, the bottom should have dropped out of this market ages ago (I was expecting it to happen over a year ago) and it hasn't.

Somewhere in there is a message???
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