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

To: Bonnie Bear who wrote (13936)	2/6/1998 2:41:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 94695

Bonnie, well said. I can say one thing for sure. People with long term commitment and/or a clear strategy (i.e. SI fame Tom Trader, Ibexx, Michael Burke) will be definite winners where are a good majority of the public will get whipsawed with these wild swings. To the best of my knowledge, a lot of people who I know have a lost a lot of money since August. Some recovered some money since mid January but a lot of them are still in the red, even after the indexes recovered. -Mohan

To: Bonnie Bear who wrote (13936)	2/7/1998 12:19:00 PM
From: P.Prazeres	Read Replies (1) \| Respond to of 94695

Bonnie, that has been exactly my theme over the past year. While some have disrespected AG and Mr.Rubin and their associates, it has been AG, etc that has steered this market ever so carefully...that is their jobs...and to ignore that is the fatal mistake of any bear. And yes, many other markets have been capitulated, but if I recall correctly, this thread mainly speaks of the Dow and S&P...and some were calling for 30%+ losses on these averages last winter and spring. I can go on about what my thoughts were on interest rates early last year when many were saying that rate hikes were inevitable and I was "bold" enough to say that the next rate move was more than likely down....it does seem as though that has been the direction of rates (down!). When the long bond was in the high 6's, i mentioned that 5-3/4 by this spring...and was called an idoit on this thread for that statement... Then last summer, everything seemed to be too expensive. I even mentioned that I couldn't remember the last time I was 50% in cash...but I was...(although admittedly i started picking and nibbling a bit early) and meanwhile , while the recent correction was going on , I stressed that some buying opportunites were all over the place...picking and nibbling on some of the beaten tech stocks during the down draft would have made those pickers and nibblers quite happy over the past few weeks. that's all Paulo If you want to see for yourself, check out my archive at the following link www3.edgenet.net