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


To: bearshark who wrote (11259)12/10/1997 10:32:00 PM
From: Defrocked  Read Replies (1) | Respond to of 94695
 
So.Korea will not be the end of it IMHO.
quote.yahoo.com
As one can see tonight in Asia, money is not
"waiting on the sidelines", it's evaporating.

And try this for an historical pricing perspective.
Message 2931533

Just seems there are too many "little" things
that can take us lower that have yet to be
discounted given historical SPX highs.

Ask yourself this: If the Fed pumps money into the
system now, would you be a buyer or seller of equities?
I'm not sure myself but the thought of it makes me
more nervous not less.

Good investing all.



To: bearshark who wrote (11259)12/11/1997 6:09:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi bearshark,

I agree with you. A close below 7900 will draw blood from the bull. A short position may be in order.

GZ