Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jumper who wrote (8161)	10/28/1997 11:52:00 AM
From: Joss	Read Replies (1) of 94695

Hi Jumper, I just looked at my "Potential Short" list. Stocks that lose money are bouncing back the most at this point. Perhaps, this is just one more point in time when "buy on the dips" will be profitable. While I have refrained from making market predictions, this is the way my guesses are running: I don't know if this is over yet, the next few days will tell. I had expected more froth than I saw coming into the last few days before I would have expected to get a blowoff. It may very well be that this will just set the stage for the frothey rise at the end of the year. Then in late Jan, early Feb. We head down much harder. It blows me away that stocks that don't make money are up the most on my short list today. We certainly have not corrected the mentality of "buy and it will rise". BWDIK? Steve

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