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


To: Skeeter Bug who wrote (19686)6/3/1998 8:20:00 AM
From: donald sew  Read Replies (2) | Respond to of 94695
 
Skeeter,

>>>> we have vastly different perspectives as i think the worst is yet to come - by far. however, the bull has been supreme for so long that it may continue. if it does my ira will do well. if it doesn't then my reg account will do amazing :-)<<<<

I guess it depends on your time perspective. In the longer run it does appear that this market has a good chance of really dumping. As a purely option player who mainly cares what happens in the next 1-5 days or less, the market should pop nicely for only the short-term then continue its retreat. If I am correct, I believe that VITAS may have been talking about the short-term.

The market could pop as soon as today with tomorrow being the better chance, but it should not last

Seeya