Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (31694)	10/15/1998 4:47:00 PM
From: Jay8088	Read Replies (2) of 94695

Well, there is one's fundamental conviction and then there is one's technical uncle point. As far as I am concerned today was the uncle point. To me, at this point, one can make arguments either way. the bullish case would be that we have seen the bottom amid thick pessimism. This well timed coordinated action by the Fed and its Plunge Protection Team coteries have turned the psychology of the market at large - at least for the intermediate term. The bearish argument would be that this short squeeze would be short lived and we would continue on down - perhaps more gradually as this move could have scared a lot of bold bears (including me!) I just don't know at this point.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next