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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (18009)2/3/2000 11:37:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 18056
 
Well, I have been adding to my shorts all day and I moved my 401K to cash last week, so I certainly am not expecting much more in the way of a rally. The P&F indicators reversed down from mid to low levels, this usually means that we wouldn't have a BK type of correction, but who knows.....



To: Cynic 2005 who wrote (18009)2/3/2000 12:36:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
<<I expect DOW to be down 200 and DUNG down 150 TODAY! I am telling you, "sell to whom" is finally here!>>

When I posted that note, DOW was about flat and DUNG was up about 93. Currently DOW is down ove 150 and DUNG is up only 27! Looking good.



To: Cynic 2005 who wrote (18009)2/3/2000 12:53:00 PM
From: yard_man  Respond to of 18056
 
These swings don't bode well for the bulls and dat's for sure ...



To: Cynic 2005 who wrote (18009)2/4/2000 4:11:00 PM
From: Skeeter Bug  Respond to of 18056
 
>>I think that BK is up on us<<

mo, don't ya hate the digital age ;-)

seriously, bubble markets are totally irrational. i am appreciating this leg up, though, as my value stocks are actually beginning to approach fair value.

my account is up at least 150%, probably more, since the beginning of december. it couldn't happen to a nicer guy! ;-)

i do want out, though. my broker was shut down by the nasb and i never found another due to the fact i don't sell low. i sure don't sell free! ;-)

this move was such a surprise, i had to find a broker and now i have to wait to transfer my funds. another week of mania won't hurt after 4-5 years, right? ;-)