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


To: donald sew who wrote (15269)3/26/1998 7:04:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Don,

Yeah, I agree totally... I think we are on the verge of a market crack while everyone sleeps!

(Lulla bye, and good nite.... "pop!")

Bill



To: donald sew who wrote (15269)3/26/1998 7:51:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Donald; Lots of fund managers easing profits off the table,
and dressing up their balance sheet for the end of the quater,
this will cause some draw down..but it won't likely turn into
any thing like a bear market..as they are gettig cash heavy
ASAP...and hardly none are on margin. One on TV today even
said he was 32% cash..so after the quaters end..it's going to
be like another rocket ship...
The after burners are not on right now..they are just gliding
along..short this when it starts down and you better be damm
fast and good, ( and most bears aint fast enough )..
they make itty bitty gains and then get hit hit in the head
with a 2x4..I just went 80% cash and will be buying any
meaningfull dips, If we even get any..
They are hyping oil now..( thats so stupid )..oil stocks priced
up on 23-25 dollar oil..so this bubble in oil prices won't really
help their next earnings all that much. 80% were late getting in
oil back in 96..and so I guess 80% will be late getting out too.
Greed looking for that last drop of profit lets the others sell
into the rally..
Jim