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Strategies & Market Trends : Ask DrBob
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To: iowamann, Spam Queen who wrote (39842)7/12/2001 6:01:22 PM
From: Louis V. Lambrecht  Read Replies (1) of 100058
 
Iman - if I could tell you when to get out, I could put my cash to work on some options and futures and retire next week. I can't predict the future.
Example: there is a resistance line on the COMPX 2140ish for tomorrow: every pseudo TA guy can see that. The big boyz know that everybody has noticed.
So (IMHO, conspiracy theory) that line will be broken and spark (yet another) panic buying.

And redo from start for the 2184 fib, and on, and on, until the inventory has been sold.
Then the big boyz WILL mark down the prices and start accumulating again.
Are you asking for a specific date?

There is a bunch of MU warrants to put on the market, Infineon is on a secondary offering, Polaroid menaced to suspend interest payments on his debt unless given time to sell itself of part of it: J6P savings are needed, market has to go up.
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