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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (27179)3/23/1999 4:11:00 PM
From: J. P.  Read Replies (1) of 86076
 
Not a bad start, but IMO we haven't even scratched the surface yet. We need selling as merciless as the buying has been, culminating in bull capitulation. I think there will be yet another wave of the relentless BUYING tomorrow.

The Dow number looks bad, but a few points of froth skimmed off the top of the assinine runup that's been going on means nothing. Look at Cisco and Schwab and the Internut of your choice....And lots of the people in the bull camp whine and cry like this is actually a correction. I won't consider this market buyable until the last of the daytraders and Internutz have had their heads handed to them...but I'm not holdin' my breathe either -g-
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