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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (37796)3/1/1999 11:41:00 PM
From: Vitas  Read Replies (1) of 94695
 
Monty, we are within the 55 day Bermuda Triangle zone - you don't want to try to guess whether it is going to be a 1987 or 1992 or
1994 type of slammation. There is evidence to suggest that it
will be a 1957 or 1973 variation of the slammation, where the market does a steady stairstep decline.

Since when do you want to "hold" when the market is heading south?

I think at this time that there will inevitably be a real 4 year cycle bottom and we will head up again. We will cross that bridge when
we get to it.

Vitas
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