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

To: Barbara Barry who wrote (17365)	4/26/1998 4:33:00 PM
From: yard_man	Read Replies (3) \| Respond to of 94695

Barbara Just listened to part of it. What's makes him so different? He makes his money off getting people to buy stocks. I hope that there are lot's of "pros" convincing them to buy the dip. I need a good rebound Monday to get back into some puts. Thank goodness I didn't exit all my positions. I don't think it is folly to try to call tops. Think about it -- what are you doing when you buy an individual stock? Perhaps you are not calling an annual bottom, but you are calling some kind of local bottom, otherwise why not jsut wait a little while and buy it cheaper? I convinced someone who is close to me to take some money out of the financial service sector after the big CCI/TRV announcement. I stand by the call as a good one, though I was influenced by others in making it. Many financial stocks since have started to correct. I think anyone owning brokerages and banks right now ought to take a look at the profits that they have and think about how much of these they want to keep. Again, just my opinion. Barry