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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (16133)4/12/1998 1:10:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,I have looked at several different time frames on the Dow.Still not as extended or for as long as last Spring's run...but getting very close. And yes the FA stuff if much worse.Last year people were more worried about interest rates and worried about earnings...now they KNOW for sure earnings are weakening and yet don't care.I think what happened last Oct. was about the worst thing that could have happened to lull people into thinking that can't get hurt.No one I know thinks we will see a bear market..just a few bumps.I am not calling for a bear market but when we do get another big correction a lot more people,obviously because of the money flow, will get hurt...and a bear market could really smart!Hopefully over the next two months both puts and calls can make us $$$.
The Maryland trip will be for my nephew's communion.
Regards,
Barbara
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