Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (22802)	7/30/1998 11:32:00 PM
From: bobby beara	Read Replies (1) of 94695

RF, the public has ignored the political situation in DC and the world economy in ASIA in the bubble. IMHO the bubble was pricked on that pinpoint on 7/20. now the poo poo hits the fan. yes small caps will have their day and many oversold sectors, but not before the general market corrects to the MEAN and it will most probably be MEAN. We are 6 months above the mean, the 29 and 87 markets were 3 months above the mean trendline. the buy the dips mentality was fine for many sectors up until now, but as you may have noticed the buy the dips has worked for fewer and fewer issues. dats baaaaad now we are in a sell the peaks mode. you are here on this thread, recognized the expertise, Bill's VGY etc. and don't be fooled by the herd mentality. bb

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