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Strategies & Market Trends : The Stock Market Bubble

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To: Terry Whitman who wrote (1089)8/11/1998 5:51:00 PM
From: bobby beara  Read Replies (1) of 3339
 
TW, amazing the lack traffic on this thread huh, I'm voting for #2 also, but the last drop will be fast and furious with a 1 million+ share day for both naz and nyse. The bulls will run out of margin and guts as they keep getting slammed on each dip they buy.

Too much complacency still, did you see the geocities IPO, when this kind of speculation is squashed, then we can make some short term long buys. Nasdaq still way above the bottom bollinger band.

When the bulls have capitulated and have become bears then we hit a short term bottom - I'd like to see someone like rukeyeser, battapaglia, cappielo, or the Big prize Abby Joe get bearish or at least really really nervous. I did think rukeyeser looked a little green around the gills the last couple of weeks -g-

That would be a good short term buy opp IMHO!
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