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


To: Joan Osland Graffius who wrote (12289)12/26/1997 12:32:00 AM
From: bobby beara  Respond to of 94695
 
Hi Joan, agree about GE, but MSFT is the new age icon, and technology has been leading this market both up and down for years now. Though GE has the capitol, MSFT IMO owns the heart and soul of the bull. Bill Gates has almost been deified (sp?) and I don't even know the name of GE's ceo.

>>>My observations  lately is it gets buying on the open then gives it up during the day<<<< Pretty sure this will happen tomorrow also and will be marvelous opportunity to do some post Christmas BK shopping - that's Bank of New York -ggg-, who along with CCI and others are making nice fat loans to Korea.

Did you get in on ABX? I think gold is making a 17 yr. cycle turn here. Hard to say if it will come back and retest 282 since the panic sell-off at the end was a real flush job (ABX 49 days under 20dema). My bet is that it won't retest, but just have a minor pullback sometime in the next several weeks. 17 year is a common cycle (65-82 bear, 1912-1929 bull, 1982-1999? bull, 80-97 gold bear)

AAPL is making a violent double bottom here @13 going into Macworld -g- Deju vu all over again??? Bill & Steve trading places - Nah, maybe just for an interim period while Soft makes nice nice with DOJ.

God bless you and yours and hope you had a great Christmas!

bobby beara - I just calls em as I sees em, but what does anyone know anyway -gg-