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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (2519)7/15/1997 4:31:00 PM
From: Arik T.G.   of 94695
 
Correct.
I donno how or why,
I just know that the spring correction was the last correction DOWN.
Don't kid yourself to think current prices are supported by any economic data, current or extrapolated.
Riding the bull is fine, but not a mad bull. When the bull turns mad the metador prepares to drive the final spike in.
Look at JBIL, IMO this one is about a week or two ahead of MSFT. (MS. FaT aka Fat Lady)
I hereby nominate JBIL as my candidate for short of the month. Looks to me it just ran out of air, and the gap at 70 needs closing.

Arik

Don't Panic.
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