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

To: GROUND ZERO™ who wrote (10968)	12/5/1997 6:47:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Hi GZ, what a day huh! I can just see everyone starting to talk Dow 9000 by Christmas over the weekend -ggg-, should get the bull/bear survey down where it needs to be for a correction - too many bears still. Did you notice the Dow sell-off of the October high with 15 minutes to close. Small detail, but I think it's signifcant that the Dow didn't finish on it's high. The Nikkei has developed one of your bear coils. The RUT has a nasty one too! Crash up or Crash down? -g- Why could the crash happen now? Check out the bear threads - major capitulation, from kahuna to mohan to millenium, nobody is talking crash, everyone is talking March or April and Dow 8800. I'm sure Joe Granville will pipe up Monday morning and start talking about his January Dow 10,000 cruise - could be the titanic though -g- When do crashes happen - when nobody expects it and the last bears have capitulated (that is except bobby beara -ggg-) , Santa Claus may leave coal this year? -g- The economic environment has 1000's of more potholes than it did back in June when we first crossed 8000, the complacency borders on drunkeness. This market is high on drugs - Merck has been working overtime -ggg- Look at this vertical leap off the Nov 12th lows - sure the Market Only goes up - almost everyone has bought the Santa Claus Myth. Christmas wasn't made for him anyway - IMPOSTER! BWDIK, been wrong every other time, but if I don't give up eventually I will be right -gggggg- I'll stick it out with Gail Dudack and grin and bear it (grin) IMHO Gail will be Head And Shoulders above all the other Elves this Christmas. -gggg-