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

To: farkarooski who wrote (79498)	10/23/2002 10:27:27 PM
From: SirRealist	Respond to of 208838

>>Ex-Porn Star Is Sentenced to Jail<< _______________________________________________ What perfect timing! I hope she shorts NASDAQ stocks by Thanksgiving, and she can laugh all the way to the bank on her release. Between 11/20 and 12/2 is where the market finds its final peak before the hurtin' gets intense imo. But the real joke is the judge's admonition. One lousy porn star is gonna be an example to us all? What about all the company insiders? The crooked accountants? The analyst tarts who sold more screwings than the Mayflower Madam? Welcome to the respectable world of finance. At this level, it's no better than a PT Barnum Midway... step right up and win a stuffed porn star, folks! And when the stuffing comes off, it won't be a teddy bear you'll find, but a snarling grizzly. --Kev PS: Despite my sarcasm, as a trader, these solid market moves are simply fun, especially in the bullish periods, so I'm not expressing sour grapes. For those of ya recovering portfolio losses in yer IRAs, 401Ks and pension plans, I'm mentioning this like I did in mid-May, as a warning. NASDAQ looks ready to test its 1426 August high before Erection Day (as I'd been telling folks for the past month). It'll pull back for a week and then it either breaks 1426 or sinks like a stone. I think it can break through and run to 1566-1640, but then comes the last chance to cash it in and pay the penalties for the early out. The final period of a post-bubble bear is as brutal as the first 2 months were and we'd have to break 1660 to convince me that October was the bottom. (And even if it was a bottom, post-bottom rallies give way to severe pullbacks, so we'll see 1200 again, no matter what.) (Of course, all disclaimers apply here.... use yer own wisdom to make yer choices about your retirement dreams, because I could be off my rocker. But my indicators say the next peak will get a 50-65% shave before the bear gets its last blueberries). I expect gold to plummet on this rally, but when the rally peaks, gold will be the safest buy & hold from December to April, at least. Just my 2 cents.