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


To: William H Huebl who wrote (53083)7/18/2001 6:38:33 PM
From: Berney  Read Replies (1) | Respond to of 94695
 
LET THE WORD GO FORTH. :O))



To: William H Huebl who wrote (53083)7/18/2001 6:44:44 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 94695
 
Are you joking???

If not, what is your time frame to hold? I like you have had my 401K stuff out of the market for sometime but can't seem to hit the buy button...

I was thinking of sometime at the end of October to enter...



To: William H Huebl who wrote (53083)7/18/2001 8:56:20 PM
From: PMG  Read Replies (1) | Respond to of 94695
 
ARE YOU MAD????!!!!!

PMG



To: William H Huebl who wrote (53083)7/18/2001 9:06:56 PM
From: Lucretius  Read Replies (1) | Respond to of 94695
 
perfect. LOL



To: William H Huebl who wrote (53083)7/19/2001 2:21:42 AM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
As you have probably noticed ..

I've been waiting to see a clear bottom before I drew this one. If the SPX moves lower then the lower tine will have to be lowered also. As long as the SPX stays above 970.60 then it will be an ascending fork.

For your viewing pleasure ..

homestead.com



To: William H Huebl who wrote (53083)7/19/2001 2:39:43 AM
From: Gersh Avery  Read Replies (2) | Respond to of 94695
 
Just one more note ..

You may be correct and the market is about to take off.

If it does, it will be relatively short lived. In the grand scale of things, the baby boomers will try to retire on the money in their 401k's. This will be a serious major liquidity drain from the markets.

Tonight was the first time that I heard anything about it on the radio. The half hourly Wall Street Journal report mentioned that fund managers are starting to urge people with 401's to not pull their money out when they retire or relocate to another job.

Take the net sum of money that has gone into these funds. Subtract the overhead (all of the wall street machine). What you have left is the value gain from about ten years ago. Then subtract the money that has gone in and you are left with where the market was ten years ago minus a decade of massive wall street machine overhead.

It may be another two years .. It might be five .. It is possible that it is here at the door right now.