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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (46421)6/20/1998 10:59:00 AM
From: coug  Read Replies (2) | Respond to of 58727
 
Lisa, my dear cat woman,
Has anyone discussed the fact that Buffet, the cunning old market
sage, has a vested interest in trying to prop the market.. I consider
him to be one of the best.. He knows what this should do to a heavy
market....

Again, thats my opinion, "and thats my story, and I'm stickin to it"

Have a great weekend and may the sun always shine you....

The cunning coug from the Sierras



To: ViperChick Secret Agent 006.9 who wrote (46421)6/20/1998 8:24:00 PM
From: donald sew  Respond to of 58727
 
Lisa,

>>>>>I am not sure what you mean by not turning per your "short term signals" However, you have gotten a Class 1 signal without getting a Class 2 signal in some of the indices....(which you said was unusual)
dont remember which ones or what happened afterward is what you are talking about now something similiar <<<<<

Not exactly. I guess what I am trying to say is that the overall market on Friday turned negative before becoming a CLASS SELL which means that its turning before becoming severely overbought which is abnormal since the runup began in JAN, being the first time such happened since then. The market turned when my short-term technicals were only in the upper mid-range. Normally, it did not turn negative utill it was in the overbought/CLASS SELL region.

I am interpreting such as a strong negative for the market and as a hint that we will be setting lower lows inthe very near future.

Seeya