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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Skeet Shipman who wrote (40755)6/19/1999 12:41:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Skeet,

Barron's based indicators for the coming week are negative with Wednesday on being the worst. This market is simply incredible. If they won't listen to Alan Greenspan, maybe they will listen to Alan Abelson. His comments in Barron's are horrific and, with his usual dry sense of humor, hoses Greenspan down.

BUT WILL THEY LISTEN???

I am sure the internutz are suffering... the tank THERE has taken many a wild and wooly investor away from the trough. For good.

But when will Joe 6-pack pull in his horns? As Barron's mentions, the mutual fund flows are down 10s of billions of dollars in the first quarter... maybe Joe and Joette ARE pulling in their collective horns???

My indicators are in tank mode... BUT I find it hard to tell EXACTLY when the last dollar comes through. But one thing is for sure, SCY AGAIN went to it's lowest in history... 0.86 which is 2% BELOW the LAST time it was at it's lowest!

Then only question I have is, will we wait another month for a disasterous plunge or does it start now... some others on this thread believe later, some sooner...

Bill