Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dwight E. Karlsen who wrote (18371)	5/12/1998 6:32:00 AM
From: William H Huebl	Respond to of 94695

Dwight, It is a shame we don't have a bulletin board here so we could post discussions under certain categories... then we could just refer to the category every time we got back to a particular issue. In this case, the category is "WHY THE MARKET CAN'T GO ANY HIGHER!" And this category has baffled most of us for years. Just when us old geezers are seeing a return to "traditional" market responses to various economic and other inputs, investors go out and fool us again! Jeez, I don't know how to stop them. But SOMEBODY is responsibily and I think the problem is us. So when you present the case for a lower market, I have to agree with you but that doesn't change my forecast... this baby is going higher! And I don't think anything you or I can say about it will make any difference. And by your last paragraph, I think YOU recognize the market forces and understand it is the markets and not we that are right! BTW, I may decide to go to the next month out for my options trade... it looks like the weakness we saw yesterday afternoon may continue today and it is getting awefully close to EXPIRY to buy May options. <ggggg> Bill