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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (37779)2/27/1999 3:09:00 AM
From: Berney  Read Replies (2) of 94695
 
Monty, come'on, how many of those are even close to the Big Boyz that control this market. It continue to amaze me that you have not learned what Jim learned long ago, the Big Boyz control this market. I've spent enough effort and money fighting this principle.

Jim was talking about the head and tail a long time ago. It didn't take a disabled student to pick this up. Any effort to the contrary represents fighting the tape, which I've come to understand is a losing proposition.

I continue to submit that we are simply in a trading range. Much effort and time is spent on this thread to dictate otherwise. However, I've been wip-sawed enough over the last few years to appreciate that the Market is in a trading range about a third of the time. I'll say to all, turn off CNBC, what is different now?

Berney
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