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


To: Stcgg who wrote (47660)5/28/2000 5:41:00 PM
From: David W. Taylor  Read Replies (1) | Respond to of 94695
 
>> All you bears falling into that big bad bear trap again, you never learn - the trend is ALWAYS UP... >>

How can you say that? There have been long periods in financial history, when the trend is always down.

Those are called bear markets and they have lasted for as long as 15 years in the 20th century. We could be starting one of those right now.

I will grant you that there will come a time when the Dow hits 100,000 and the Nasdaq even a million but you and I will probably be long gone.

The point is to always try and work with the current trend as measured in 1 to 5 years and right now the trend is down.



To: Stcgg who wrote (47660)5/28/2000 5:49:00 PM
From: Death Sphincter  Read Replies (1) | Respond to of 94695
 
intersting that that post should show up for me seeing as I started assembling a large short position on July 21,1998 and I was out of all shorts on Oct,8 1998 and accumulating a large long position starting at 1:00 pm on that day. and that I have been short since May 1 and it is I who has been suggesting that another run up to 1600+ on SP is not out of the question.
and it has been you who has been posting negative wave counts from the great loser bear that has been calling for 400-1000 on the DOW since 1996

if you had been following my posts over the last couple years and trading with me at critical junctures, then i would suggest that the photo you posted would be changed to one with your nose up my butt.

cheers!
Stinkgutz



To: Stcgg who wrote (47660)5/29/2000 10:05:00 PM
From: LLCF  Respond to of 94695
 
<Ooooh, the pain, the pain of it all - Ouch!!>

Ha , that's a good one... have it bookmarked for the future, a time when maybe that will happen, cause it sure didn't happen in the past couple months!! he he.... The bull should be full of knives and stuff looking more like a porcupine. The park service has some sweet bear market videos of idiots approaching Grizzlies with food and such, which is about like approaching this bubble with your IRA funds in hand.

<All you bears falling into that big bad bear trap again, you never learn - the trend is ALWAYS UP and the most dangerous time to be short is at the bottom>

Don't worry, everyone over here that I follow [myself included] have taken lots if not 'most' off the table awaiting you're matador friends demise. I keep some token longer term puts because I believe it's clear the bear has started and don't want to miss it incase this next supposed 'bull move' is even more lame than the last.

Don't worry about us pal, having the year of my life so far!

DAK