The Millennium Crash Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Millennium Crash

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nostradamus who wrote (489)	8/26/1997 10:24:00 AM
From: Rarebird	of 5676

I don't see a bear market here nor a crash. I see a change in market leadership which has been taking effect for weeks ( towards the small caps) while the large caps correct. If you think a bear market is begginning while the Russell 2000 is hitting new highs, then my response is you don't know what your talking about. As for being a trendsetter, I will tell you this: I have been saying on the Cube thread since June and on this thread since I first posted that the small caps would fly while the large caps corrected. I see the Dow bottoming out around 7200-7400 in October. Then rallying into year end. Yesterday, I bought FRK ( Florida Rock Industries ), which trades on the AMEX at 44.375. I sold this morning at 46.625. Their a great small cap value stock, with great earnings, very little debt, and a magnificient balance sheet. I would've held it longer, but in this market environment, I turn things over quickly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next