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


To: Haim R. Branisteanu who wrote (14586)3/3/1998 11:21:00 PM
From: robnhood  Read Replies (1) | Respond to of 94695
 
Haim,, we've seen all these comparisons to 29,, everyone knows about Asia and the banks,, we all know that the values are and have been for sometime outasight,, but the market climbs... Markets that go up for reasons we can't understand are extremely bullish...NO?????

russell



To: Haim R. Branisteanu who wrote (14586)3/4/1998 7:03:00 AM
From: P.Prazeres  Read Replies (1) | Respond to of 94695
 
Haim,

from the peak in August of 97 to the bottom on Oct 28th, the correction was ~18%...not just 10%. And at the end of the 18% drop , there was a sh_tload of fear.

Paulo