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Non-Tech : Invest / LTD

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To: Thean who wrote (3216)9/22/1998 8:46:00 PM
From: The Perfect Hedge  Read Replies (5) of 14427
 
I know alot of investors here(esp Luc) are getting really bearish but any sane person has to listen to the p&f'ers.Their ta is not seeing a massive decline.They are getting more and more buy signals everyday and it looks like things are firming up.Most sectors have reversed to bull alert.Tom Dorsey said today the bulls have the football.Mind you,their Bullish percent indicator(which turned bullish a week ago)has never reversed back down right after giving a bullish signal.I am dying to put alot of stocks..GTW,IBM,NKE,DELL,INTV,...the list goes on and on but that p&f stuff is scaring the bejesus out of me.

OTOH,Jerry Favors says without a doubt a test of 7000 is coming in the next few weeks........

I'm eyeing GTW for puts.I think even if we do rally GTW is exhausted....

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