Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Elllk who wrote (9318)	11/7/1997 6:53:00 PM
From: bearshark	Read Replies (1) of 94695

Larry: One of my shortcomings is a lack of clairvoyance. So I am stuck with this TA mumbo-jumbo. However, I think we will break through 7,000 this time. Actually, my number has moved up a bit from that. Then we will have to trade a bear market. We have not seen one in 15 years. Today's money managers cannot even imagine a bear market. Most people in the market today cannot. Just think; a market trending downward over a couple of years with major moves between 1,000 and 2,000 points. Hmmmmm. Maybe some leaps; maybe a Prudent Bear; maybe some plain old puts and calls. Whatever I do, it will be simple. There will be enough problems trying to understand the market and iits trends. Maybe in the next life I will work on clairvoyance.

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