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


To: Robert Graham who wrote (18737)5/19/1998 3:35:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
How 'bout nobody has any more cash to be reckless with?! <VBG>



To: Robert Graham who wrote (18737)5/19/1998 3:38:00 PM
From: ratan lal  Read Replies (1) | Respond to of 94695
 
I was hoping for a 5-minute relief rally or SP8M to 1120 whichever came first.

Instead the rally lasted 30 seconds and sp8m went to 1118.40



To: Robert Graham who wrote (18737)5/19/1998 3:54:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Wednesday : - )



To: Robert Graham who wrote (18737)5/19/1998 3:55:00 PM
From: donald sew  Respond to of 94695
 
Robert,

>>>> 1. Outrageous investor exuberance (this is you, Bobby) "Great guns! I get stocks cheaper now! The new mega-bull run is now upon us! Why wait? I will go out right now and buy that Lamborgini Kountach!"<<<<<

You got me in tears.

By the way the NEW HIGH/NEW LOWs still looking bad. I am still not calling for the huge pullback, and that the bottom of this dip should arrive WED/THUR. However, the rebound to the upside will not be that strong.

If I do play calls in the future, it will be for only daytrades. I will sell the rallys which are probably the safer play. I am still holding to my original position that the downside will be in the 8950-9000 range, however with today's performance, would not be surprised if we got closer to 8750.

Seeya



To: Robert Graham who wrote (18737)5/19/1998 4:20:00 PM
From: Cynic 2005  Respond to of 94695
 
Actually, You should have the 6th - No more buyers left. Every sucker is in. I will vote for that! -g-
-MMV

PS. I see you added the 6th which is pretty much the same as mine. Donkeys bray a-neck! -g-



To: Robert Graham who wrote (18737)5/20/1998 4:18:00 PM
From: Cyclops  Read Replies (1) | Respond to of 94695
 
Looks like Bobby Berea was right on the nose.

Expect a quick run up on the Dow to 9600

Market sold off for weeks and this is the rebound

Will wait to see if this is the right shoulder.

Regards,

Cyclops