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

To: R Stevens who wrote (995)	8/4/1998 9:11:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 3339

RS, the bubble thread on the hot list is a good sign of a short term bottom, but a capitol S on Short. Although today was a high volume big sell-off, I still don't see the kind of fear that we had in October mini-Krash or on June 15th bottom. A lot of the bull t/a ers are calling this a capitulation bottom. I don thin so! Still lots of complacency, BIG call buying on CSCO and AOL. Nobody did that in either of these two prior lows. The bulls will use Amakeyapoora as a contrary indicator and say the bull lives and feel good about buying again EVEN IN THE FACE OF A DOW THEORY SELL SIGNAL!. But irrational exhuberence dies a slow torturous dippy death. I told everbody that John Elway was gonna win the Superbowl and I'm tellin ya that we will see 8000-8200 or maybe even 7600 or even 7000 next week. I'd bet my bippy on it (actually I have -ggg-) bb