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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (1736)	12/3/1997 12:05:00 PM
From: Arik T.G.	Read Replies (1) \| Respond to of 5676

Mohan, On Nov. 6th I was still bearish, but I find more hasitation on my post to Iqbal #13558 on the Idea thread. Then I became bullish as the market failed yet again to break SPX 900, that's on my reply #7939 posted TO YOU on the Kahuna thread on Nov. 14th. Another bullish reply I posted to you on the Millennium thread #1668 on Nov. 20th. GE did turn back after checking its high from July, but what in h*** is it doing there anyway? As to Intel, I've stated my bearish opinion on this one in many posts on the Idea thread.I said that IMO it had no reason to trade over 80. Therefore I bot puts on it each time it went over 80 , the day after turkey day included. ATG

To: Cynic 2005 who wrote (1736)	12/4/1997 1:28:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 5676

Hi guys in the bearish den. My time is coming to GROWL with you. It's becoming harder and harder to restrain the BEAR in me. 98 is gonna be some year for us BEARS! At the moment, I have 2 positions, one great short and one long. I have a substantial short position in the ICE CUBE and am taking on the Whole thread while I reap great rewards. I also have a small long position in Intel ( I bought at $76 about a month ago). I expected the market to rally into the new year, and thought Intel would ride the wave. Who knows? It still might. It's pretty clear to me that earnings are going to be a major problem in 98. We spoke about this last summer and the moment of Truth is coming. It will be ugly and I will be completely short soon. The theme of 98: Earnings Deterioration. Where did they go? I still think there may be one last great irrationally exuberant rally. But it has to start this month; for earnings come out in January.