Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject	11/17/2002 9:43:40 AM
From: crustyoldprospector	Read Replies (2) of 36161

Another anecdotal indicator that a high-volatility top is at hand in the general market (and I would guess an overall melt-up) is the recent flip-flopping of Bernie Schaeffer. Look at all 3 reports from 11/11, 11/12, and 11/14: schaeffersresearch.com Because his short-term call was blown on 11/12 and now he calls for a rise, I'm guessing he'll be right for a few days but the fall comes sooner than he suggests - i.e. he's a contraindicator here. Alan Newman looks to have the right call presently, IMO.

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