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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (1167)7/17/1998 7:56:00 PM
From: Lucretius  Read Replies (3) | Respond to of 14427
 
THREAD:
Have another short to add to the growing list... PIXR. What a POS. Take a look at what they do, the valuation, and the chart and you'll see what I mean. I popped it at 55 earlier this week, but I think it may bounce back up there one more time before making "the final voyage" to the bottom.

After reviewing my data, I'm going to make a call here:

This mkt will have put in a top before Aug 1st.

There I said it. If I'm wrong, I'll just move the date out a few weeks (g). Let's everyone throw down their bets. Next year? Mon? Let's here those guesses. Anyone notice that the dollar dropped every day, Jap interest rates put in a bottom , and US rates rose dramatically this week?? I remember last July when Hong Kong topped out, their currency topped out a couple weeks before. (the dollar finished a triple top on Mon) I noticed on CNBC some fast talker saying 7/24 was the likely day of the top. This is interesting since someone on another thread mentioned that someone "Astral" guy is saying the same day is the top. Then yesterday, the Japanese moved their elections fro the 21st to the 24th? What gives w/ the 24th? I could see this: if the younger (I forget his name) candidate (the reformer) gets elected, the dollar could go off a cliff and interest rates balloon as Japanese sell our bonds. For years they have been borrowing money at less than 1% in Japan and buying bonds here to enjoy the spread and the rise in the dollar against the yen. A perceived looser monetary supply by Japan w/ the election of this young guy could bring that money home in a hurry. This could be the pin that pops the bubble, and coincidently it occurs on the 24th?

we're off to dinner......

-Lucretius