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

To: Elllk who wrote (9318)	11/7/1997 1:41:00 PM
From: Cynic 2005	Read Replies (3) \| Respond to of 94695

To all, red alert! Bad breadth again. -g- Thus far today, new lows significantly outpace new highs. Next week will be trecherous. If you are long this market, I suggest you take cover. cbs.marketwatch.com Monday may or may not be anotehr black monday. But, next week could be real bad. Shorting just about ANY stock should be better than buying anything long for the next few days. IMHO. Take it for what it's worth! -Mohan

To: Elllk who wrote (9318)	11/7/1997 6:53:00 PM
From: bearshark	Read Replies (1) \| Respond to of 94695

Larry: One of my shortcomings is a lack of clairvoyance. So I am stuck with this TA mumbo-jumbo. However, I think we will break through 7,000 this time. Actually, my number has moved up a bit from that. Then we will have to trade a bear market. We have not seen one in 15 years. Today's money managers cannot even imagine a bear market. Most people in the market today cannot. Just think; a market trending downward over a couple of years with major moves between 1,000 and 2,000 points. Hmmmmm. Maybe some leaps; maybe a Prudent Bear; maybe some plain old puts and calls. Whatever I do, it will be simple. There will be enough problems trying to understand the market and iits trends. Maybe in the next life I will work on clairvoyance.