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


To: Monty Lenard who wrote (19288)5/27/1998 10:06:00 PM
From: yard_man  Respond to of 94695
 
Hey at least you won't share in what's certainly coming. Stay in cash. It is inevitable now. Here's hoping the bounce follows though tomorrow for a little while so I can get some puts!

It's gonna get ugly sooner rather than later.



To: Monty Lenard who wrote (19288)5/28/1998 6:30:00 AM
From: robnhood  Respond to of 94695
 
Monty,

<<It is really disgusting to me to see what I know is MANIA continue to be
rewarded.>>

One small consolation; Their profits are only paper until they are realized.

russell



To: Monty Lenard who wrote (19288)5/28/1998 9:28:00 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Monty your comments do not sound familiar to let say 1982/3 at a time everyone was investing in CD and not dearing to invest in stocks??

Just put the chart upside down, and stay cool <gggg> I do not know real people who really picked the ultimate bottom or the ultimate top.

My 2 cents

Haim



To: Monty Lenard who wrote (19288)5/28/1998 4:49:00 PM
From: Investor2  Read Replies (2) | Respond to of 94695
 
Re: "It is really disgusting to me to see what I know is MANIA continue to be rewarded."

I agree with your perception of the general public's attitude: "Their standard comment when I tell them the market was down big is 'it'll be back up in a few days!'" However, I heard an interesting, apparently contrarian, comment on a radio talk show this weekend regarding the "mania." The talk show host (Bob Brinker) stated that much talk of the current "mania" or "stock market bubbles" is presented by people who have been bearish on the market for some time. Bob thinks that the "stock market bubble" reasoning is set forth as an excuse for not being in the market during one of history's greatest bull markets.

Best wishes,

I2