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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (22624)7/29/1998 11:04:00 PM
From: robert b furman  Read Replies (2) of 94695
 
Thank you for a very sound unemotional summary of market activity.I have never heard so much crash crap on a set back from new highs.

In an environment that has transitional earnings plateauing - you would think that record profitability which falls to the bottom line wealth of corporate america is a plague to run from.

I hope my stocks that have no debt and P.E. 's of 10 can just keep on keepin on and a very nice return sometime in the next 18 months will give me a triple!

BWDIK

Bob

P.S. haven't had direct correspondence with you but do recall you being a student of Hi/Lows.All corrections have this scenario !
In my world of tech stock ownership this is far more than a correction a long time ago.Interesting how the indexes have floated!
I don' think a crash can do much more damage than bring a stock to book value.(man I hope I'm not asking for it! :-)

Thanks for realism

- would like your input regarding high/lows from july-oct 96 or april may 97?

Bob
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