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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Barbara Barry who wrote (38993)4/10/1998 11:58:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
Yeah I know about Temple...I had a free subscription to him last week

I think he was totally wrong 1 or 2 days with his waves.......and after that he took the "times" off of his projections

I remember one day where he called the market turnaround within 30 minutes(that was before the "winner" subscription)

but one thing he is right about.....it is stupid to pick the top....

AND

it is stupid to pick the bottom........

btw, can I have clarification on something as I am not a real Kahunaite.....

What do you all expect from the BK...as opposed to just a correction...

My take was that the BK would become the bear market....
versus...a good correction on the way to higher levels..



To: Barbara Barry who wrote (38993)4/10/1998 11:42:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
Hi Barb. What's new on the home front?

This Temple fellow (I will presume it's a male. I'm from a land where the word "Temple" has no gender)

Presents a nice case for picking a top has no rational basis, but presents no case why the market should progress higher.

I agree. There is no reason to suppose the market should not move to 10,000..hell, 20,000. Pick a number, I don't care. But Why?

Just as rational a question as to why the market should correct is the question why should it continue higher? It's easy to dismiss people who believe in a pullback, when you are unclear as to why no pullback is in sight.

And I have no idea what he's speaking of with respect to fair value. I trade futures every day. Knowing Fair Value is key. You tell me, what's he talking about? I mean this as a honest question, he obviously thinks of fair value as something other than what I think of Fair Value as.