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To: KM who wrote (13450)11/20/1997 10:31:00 PM
From: TechnoWiz  Read Replies (1) | Respond to of 27012
 
Well you sure earned some stripes in recent days, so congratulations are warranted.

As you may have gathered from reading my posts I have been getting increasingly bullish since I first started to feel the ground begin to tremble from the coming stampede just over a week ago.

I've just been going through most of the major markets this evening and have concluded that we are at a very critical level right about here. Any real further upside could result in an explosive move to new record highs in a number of the leading indices, if and only if some of the potentially negative structures that could reverse the markets are obliterated.

We'll just have to see how things play out but so far so good. A lot of the previous bullish buying power seems to have returned and this would have to be interpreted as a very positive development. If the fund flows return to previous record levels, this could seal the deal.

In line with my comments a few days ago I am also seeing some strength creeping into the metals sector, (like palladium and silver sneaking back to towards their recent highs and Gold (and Gold stocks) coming off their lows. I am also sensing a high in bonds in the making that is close at hand.

Any other comments or ideas

rgds

Twiz



To: KM who wrote (13450)11/21/1997 12:07:00 AM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Truff, hm. I hope you were not short Rmbs today? You can tell me, it has been a while since I had my dinner. Or were you by any chance long? Or did you have no position at all like me? Did I miss any questions? gg. We should have gone along with Ibexx and bought Rmbs in the 40s. I always said I will buy in the low 50s or 40s and then did not do it. The market retreat messed me up on that one.

Sonny