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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: keithcray who wrote (11441)	8/18/2001 2:51:34 PM
From: DebtBomb	Read Replies (2) \| Respond to of 208838

Keith, thanks, I agree with it, the DOW chart is coiled man. We going to bust a big move one way or the other, IMO. I lean towards up, because the market never does what most people think. The doom and gloom is everywhere, in Barrons, on the message boards, in the options exchange, the talking heads are talking testing the lows, and Nasdaq 1500, all of the analysts are now bearish, and rate cut number 7 won't help, fund managers are capitulating, blah, blah, blah, etc.. Neat article, see why I've been nibbling long???? Now, having said that though, if these global markets crash on down Sunday night, we may sell more, and then I'll likley just nibble more. I seriously doubt we'll crash in Aug. though, and right in front of FOMC. IMO, the risk is in being short here.

To: keithcray who wrote (11441)	8/18/2001 2:53:56 PM
From: DebtBomb	Respond to of 208838

We going to bust a BIG move baby, damn Capino better be right, HA HA HA, LOL.

To: keithcray who wrote (11441)	8/18/2001 3:25:43 PM
From: DebtBomb	Read Replies (1) \| Respond to of 208838

Here are some signs from the talking heads that we are nearing a potential major short term bottom: Funds capitulate on some techs, and dump INTC. JJ gets bearish on INTC. Tech is dead. We may test the lows. We may go to 1500. Rate cut number 7 won't do anything. The real estate bubble is about to burst and will crash the Nasdaq. LOL. I remember in March, CNBC had some fund guy on, or mentioned some guy that said the Nasdaq could go to "0", LMAO. Also, Bob Walberg captiluated right at the end of March, right before the big move up, no offense Bob. Barton Biggs and Don Hays called the bottom in late March and early April, Biggs even called the percentage move up. I think both of them are again calling for a short term bottom here.