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Non-Tech : Invest / LTD

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To: waverider who wrote (2476)9/3/1998 12:41:00 AM
From: Lucretius  Read Replies (1) of 14427
 
As I've said, I'm not a good S-T trader and focus more on L-T economic cycles, therefore I have bought lots of time in my puts and am just holding till there is blood AND bodies in the streets. We're not even close. After viewing the mkt's action today, I have a STRONG gut feeling (contacts of mine in the hedge fund community also have this feeling) that tomorrow and Fri could be down big. If we don't hit new lows by Fri, we WILL next week for sure. My target for this leg is around 6500 before a rally back to 7300 in late Sept followed by a crash to 4000 in Oct.

read this... it is going to be BAD:

Message 5659669
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