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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: RX4PROFIT who wrote (918)	7/31/1998 8:46:00 PM
From: epicure	Read Replies (2) \| Respond to of 3339

Does anyone out there see a rally next week? I am very close to a buy signal on my charts. In fact I already had buy signals on several stocks I watch, and most of them went up even in this market. I think the major correction has been here, for a lot of stocks in the SOX and they will rally soon. Same can be said of oil.

To: RX4PROFIT who wrote (918)	7/31/1998 10:04:00 PM
From: Moominoid	Respond to of 3339

Sinewave: You're not alone. I too am paranoid of a major market correction and have traded off a great stock (AAPL) with an excellent YTD ROI and a lot of additional upside potential for fear of a market correction. I'm 89% in cash at present and waiting for the market bubble to burst so I can get back in to equities at a discount. I also sold AAPL. It went up a buck or two after that but now is down. My overall portfolio beta is negative when counting put options but not strongly so. I was thinking of getting more Australian put index warrants but it looks like I might have thought about it for too long. David