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

To: RLM who wrote (7867)	10/27/1997 6:16:00 PM
From: IQBAL LATIF	Respond to of 94695

RLM- these guys need this credit- they have been looking for this correcrtion from right left and center but we could not see it coming- great call- but will this continue and are they prepared to look for values I think the issue is to organise the next round this is a decisive round in favor of bears. I agree with you this a battle lost but a new battle could be lost if we are hit with some bad numbers on wage inflation front which I doubt, however I agree this market is going to equally bounce back- by the way small investors are not prepared to take the bait- SP mini down 20-25 is showing unchange- they want action in the markets not back hand means- good to see you on this thread. Keep going man/

To: RLM who wrote (7867)	10/27/1997 7:16:00 PM
From: tekgk	Respond to of 94695

>> People have been predicting this bear market for the last 3 years This a dumb argument. I can make the same dumb argument. From 66-82 bulls kept saying that recover is just around the corner as they lost 75% in constant dollar terms. It means nothing. There are several of us on this thread that got out within 1 month of the Aug 7 top. I am sure that there were lots of bears that got burned early. They should have been paying attention to world wide money flows. >> THis isn't even a bear market yet, this is a 7% blip Correct. We'll see what happens.