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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tommaso who wrote (15379)3/29/1998 11:13:00 AM
From: Haim R. Branisteanu  Read Replies (2) of 94695
 
Tommaso, I have not heard of people who were able to get rich from a collapse of a mania. There are few who exited a mania market before it's collapse, but again are not well know. Who knows the reasons, maybe because Manias do not happen to often!!

On the other hand here are plenty of guys who made money entering a depressed market, in real estate in the early 90th's and now may be in precious metals/grain commodities.

As to the market in general lets see how April will evolve. The market players are so much into the 9000 issue that I speculate they will try to surpass this mark by any price.

The market breath is important but until last week the A/D and New Highs/Lows were healthy regardless of the insane valuation. YHOO anyone?? not to speak about more established companies such as KO MSFT etc.

BWDIK

Haim
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