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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (23612)8/7/1998 3:13:00 PM
From: Peter Singleton  Read Replies (1) of 94695
 
Folks,

Here's my take.

I think this thing is coming down. Big time. Based on technicals and fundamentals. I've adjusted my portfolio accordingly. Right now I'm not looking to capitalize on the downside. My interest right now is preservation of capital.

This is just an opinion though, and I'm trying to gather data that would either support or challenge that opinion.

If this is the rally, that wasn't much of a rally, hence there's a lot of velocity and compression to this.

I should add, BWDIK : )

Peter
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