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


To: pater tenebrarum who wrote (41342)7/5/1999 9:23:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
HB,

The funny thing about TA work is, reasons come along with the action! That's no duh! If we were to have a 2,000 point sell-off starting Thursday (good a day as any) then the MEDIA would make up the reasons... markets overbought, anticipating the Feds (don't know how THAT would fly) etc, etc, etc.

Other than anticipating capital gains, which now makes Ponzi look like a saint, you can make almost 25% MORE in 13 week coupons than you can in returns in the markets (S&P500)!!!

I guess Alan isn't the man to say the king has no clothes!

It is coming and SOMEBODY out there is distributing into this humungous bubble called the DOW!!!

Bill