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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (15609)4/6/1998 4:43:00 PM
From: Rick  Read Replies (5) of 94695
 
David, I'm not sure whether to admire you or laugh at you. There are many people that have had a good laugh at your precise predictions. You certainly have stepped out on a limb. Of course you must realize that once you are wrong after these kinds of specific predictions, you will confirm what the skeptics were laughing about and you will certainly lose ALL credibility. Most people think someone would have to be quite gullible to have believed your predictions. After all, who can really predict the future? It is rather kooky to think of yourself powerful enough to predict the future, don't you think?

Oh well, let me at least give you SOME credit. IF it wasn't for the BIG merger announcement, your scenario probably would have played out. This would certainly have raised some eyebrows, wouldn't it have? Now if we do in fact have a correction of the magnitude you suggested and if it happens in the time period you specified, I for one will be the first to rethink the validity of technical analysis applied to markets. I liken it to astrology or reading tea leaves, both of which are nonsense.

Tell me you are really just pulling our leg. You can't be serious, can you?

Rick
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