Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (13924)	2/6/1998 10:02:00 AM
From: Jon Matz	Read Replies (2) of 94695

Goodmorning Bill, do you subscribe to the theories that the market climbs a wall of worry and that it will not collapse until the bears surrender? It was only recently that I could accept these concepts. The dilemma I face as a long term bear is this: Nearly everyone on the threads I read, Ask Mohan, The Millennium Crash and this one, that was Bearish is now worried, many of them going long, I'm tempted to myself. If sentiment expressed on these threads has any significance to these questions, then it now seems inevitable that a collapse is imminent. As the strength and numbers of opinion, contrary or otherwise has steadily declined since the August - October consolidation and correction. Even raging Bulls like James Hopkins in the post below, admit to accepting the concept, but appear oblivious to the fact that it is happening right now. Message 3358032 Cheers, Jon

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