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


To: paulmcg0 who wrote (19033)5/25/1998 3:25:00 PM
From: bobby beara  Respond to of 94695
 
McGinnis, the NDX is the most inflated part of the bubble. That's why it's most vulnerable to the first pin-prick.

I did say a long time ago the Billy G. would be there at the top and he was. It was his disapointing earnings that helped the sell-off start on 4/23.

It was at this point the character of the market changed and the market would no longer accept beating lowered estimates. Billy G. and Mikey D. have to live up to God-like standards and NOTHING LESS.

Look at that SOFT chart. A 20% move in a two week period with 4/22 right in the middle, I was looking for something like this in the major averages, but not to that level.

There's the reversal buried deep in the SOFT chart. The ICON of the Bull, Billy boy with the BUCKS, whose motto is the end justifies the means, don't matter how MEAN you are -g-, just screw every competitor in your path, because it's good for the customer - yadda yadda yadda to DAT!

Each peak, must be even more deceptive to fool the masses. Now that we have tens of thousands of technical analysts sitting at their computers, the devil has to come up with a new twist to suck in every last dollar of the masses.

Just wait till Hashimoto starts really taking money out and buying gold - HASHIMOTO KNOWS BUBBLES! and when the water reaches the upper deck, it will be everyman for himself, scratching a clawing for something to float on.

There goes our lender of last resort.

Sorry to get Graham crackers dander up about by my sentiment calls, but the Married Bull on Newsweek, Michael Metz, and the Bronco Superbowl win are sentiment indicators that I am very sentimental about. These are road signs, even the greatest fool should be aware of.

bwdik,
bobby b