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


To: Tommaso who wrote (14818)3/8/1998 7:39:00 PM
From: paulmcg0  Respond to of 94695
 
[Your dispassionate analysis, based both on logic and on a knowledge of economic history...]

Thanks! But, I don't recall hiring a PR firm... (just kidding!)

The 1960s radical Abbie Hoffman once said that, "Sacred cow makes the best hamburger." I guess now, that sacred cow is the stock market bull...

I don't know how bad the correction is going to be, but I suppose one should just sit back and watch the unfolding spectacle, while cynically figuring out how to make money off the carnage.

Paul McGinnis



To: Tommaso who wrote (14818)3/9/1998 2:07:00 AM
From: Coonhound  Read Replies (2) | Respond to of 94695
 
You know, you bears seem to think you know something that us bulls do not. Only a fool would believe that this market is not going to correct sooner or later. The thing is this: I've made 200% return on my money while you bears were shaking in your boots, stuffing money in your mattresses waiting for the Big Kahuna. Well, when the Big Kahuna finally does arrive- and I'm sure it will- and the market corrects 50%, I'll still be 50% ahead of the game, and what better off will you be? I use the 50% figure as a worst case scenario. That crap that Paul was talking earlier about the Dow finding support at 2700 is simply a farce, and anyone who knows anything at all about the market KNOWS FOR A FACT IT IS CRAP!!!!! You guys just like to talk like that to make each other feel good. That kind of talk is your justification for my success and your lumpy mattress.