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


To: James F. Hopkins who wrote (22300)7/25/1998 12:10:00 PM
From: coug  Read Replies (1) | Respond to of 94695
 
Actually Jim, I think there is a tendency for new players to be
bears and try to call a top, so they can BE the ONE that called the
almighty TOP... They keep calling it and seem to forget the many time
they missed, but they will be there eventually they think and be the
one THAT DID IT...

been there and done that..... says a once beaten up Coug



To: James F. Hopkins who wrote (22300)7/25/1998 1:23:00 PM
From: Tommaso  Read Replies (1) | Respond to of 94695
 
AMG data shows a pretty good outflow from mutual funds.

As soon as such a thing occurs three weeks in a row we may be into a pretty good downturn.

As it is, I am predicting a good-sized down day on Monday and a down week. Not many bear markets start in August.

But this is a New Era, isn't it?

amgdata.com