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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (75307)11/13/1999 7:03:00 AM
From: Earlie  Read Replies (2) | Respond to of 86076
 
MM:

Like every other professional short out there, David (who I am honored to say is a friend of mine) is suffering as a result of being both intelligent and intensely analytical. Not that it requires much intelligence to label this current insanity as the greatest mania in history, nevertheless, what worries me sick is that as the shorts capitulate, the "cushion" beneath this situation is disappearing. Like every other mania, this one will end when all the dollars have been sucked in and the buyers finally reach the point of exhaustion. With the shorts virtually extinct, there will be few bids to stem a vertical descent.

Earlier, I expected that if the market exited October, we would experience a relief rally that would carry us into the new year. Now, I am not so sure. This current madness is just so violent, that all bets are off.

Meanwhile, Y2K approaches. I personally believe that the Fed is flooding the system with liquidity to literally float us past this particular event. The irony of the situation is that this action, piled on top of all the past excesses, may actually be providing the gasolene for the final blowoff.

This one is shaping up as a flight through a thunderstorm.

Best, Earlie




To: MythMan who wrote (75307)11/13/1999 8:59:00 AM
From: Mike da bear  Read Replies (1) | Respond to of 86076
 
MM, could you post a link to these Tice commentaries? I'd
like to read them on a daily basis (look as interesting as
fleck).

mdb



To: MythMan who wrote (75307)11/13/1999 7:20:00 PM
From: Robert  Read Replies (1) | Respond to of 86076
 
Tough day again for the MythMan's boyz. Thought they had the game well in hand with about a 1/3 of the 4th quarter left . . .

Well, at least they have lots of company in choke town. What a day! Tennessee, Kansas State, Mississippi State, Penn State, Washington, Ohio State all lost! Among them the BCS #2 in Tenn and 2 former unbeatens in K State and Miss State.

Glad Bowden's crew did their work in Tallahasee. Now if Miami could just knock off those VaTech bozos . . .