Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (23366)	8/5/1998 5:25:00 PM
From: HairBall	Read Replies (1) of 94695

James: S/MM's, those scoundrels, volatility is a money making machine for them! Wild swings equal major bucks. The "Big Boys" are accumulating and distributing with a fever. I believe the markets will eventually put in lower lows. Will the path be down after an am pop tomorrow or after a sucker rally? Time will tell! How low will the market go, I do not know? I will just have to rely on my indicators to tell me when the overall trend has reversed. One thing for sure, wild swings to continue! I started ringing the downside bell on 7/22 and went to cash on 7/23 and recommending my family do the same on 7/24. Except for day trading positions (always closed before the bell), I am staying 100% cash, for now! BWDIK Regards, LG PS: I had my alias changed from LGregg to LG...if you did not notice! My wife has always preferred our investing to be kept private. So this was to please her.

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