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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gary R. Owens who wrote (25553)8/29/1998 12:02:00 AM
From: Skipperr  Read Replies (2) of 94695
 
Gary - Be Aware - Jim Stack had been Bearish for almost the whole length of the entire bull market. Like a stopped clock, he will be right now and then. He is a "Perma-Bear". Also note that he said he is only 80% in cash. If he is so Bearish, why isn't he 100% in cash? Just more Hype to get the market sold down so he can buy it!

Believe me, it is not the end of the world!

Consider this, given the position of your tried-and-true Technical Analysis indicators (from the past), if this had happened before, would you be a buyer or seller then? How about now?

Only you can answer this question!

Best regards, Skipperr
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