Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (22170)	7/23/1998 8:40:00 PM
From: James F. Hopkins	Read Replies (2) of 94695

BB; If I got this right, you think we will drop 10pts then go up 26pts tomorrow..that's a fair wave in itself, but then to drop from 1156 to 1074, 82pts down on Monday! that's more than a wave that's a tsunami. I really doubt we take out 1120 , if we do not by much. BUT if we do then look some panic and kiss the bull market good by. A big danger I'v seen for years is CEOs and insiders will go to any lengths to protect their options, and the market loves lay offs, so one after another they will pull the crap Sunbeam did to get a tempory kick in their share price. If you think Japan is bad believe me it's nothing as to what will happen here if this market implodes. The price of stocks won't be on anyone's mind after and if we have a 3 mi island in the stock market. Even traffic on SI will get so low we will have to hunt for someone on line to post to, or maybe we could post to ourselves <G> Remember , a run on stocks, a real run will take them down before even 10% of the money gets out. It's sort of like a magicians vanishing act. try to take 10% of the real money out of the market at any one time, and stocks will go to damm near zero. It may not take that much. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next