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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (11856)2/11/2000 12:57:00 AM
From: Dogbert  Respond to of 15132
 
3 peaks and a dome. 3 steps and a stumble. There is so much symmetry in finance!



To: marc ultra who wrote (11856)2/12/2000 12:49:00 AM
From: marc ultra  Read Replies (5) | Respond to of 15132
 
So far the bearish call (Bob or anyone can use whatever language they prefer) is pretty much working out OK for me. While some tech stocks I sold are running away, for the most part my underlying funds and stocks are doing OK while I am also making money on the short S&P hedge side. I'm always looking for decisive market moves on Mondays so perhaps we are heading into a major break though Bob indicated this will likely be be a prolonged process once it gets going. With the distribution going on in the Dow becoming so obvious that Pisani is talking about it daily on CNBC I wonder if we'll have one of those good old fashioned big days with maybe 300-400 down on the Dow and 250 down on the NASDAQ. I'm trying to avoid looking at BB.com discussion much since I can not biologically understand how Bob's brain can be brilliant one day, lose enough brain cells to be a blithering has- been the next and back to brilliant the day after. Also since I raised the issue of the technically ominous prognostication of a 3 peaks and a dome formation, I saw someone talking about 3 domes and a peak so I don't know what the hell is going on. Maybe the formation is Mad Max under the Thunderdome and when Tina Turner appears that's the signal to sell.

Marc