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To: jimleon who wrote (56107)8/4/1998 11:18:00 PM
From: Chuzzlewit  Respond to of 176387
 
Well, if Ralph the TA god says so, who are we to dispute this. After all, TA is so prescient and based on such a wealth of empirical evidence, not to mention it theoretical grounding in finance and economics! I guess all I can do is sell everything and wait for Ralph the, deity of doom, to tell me its safe.

Thanks for the warning.

Maybe I'll sit in my neighbor's bomb shelter waiting for Ralph to issue the all clear. I'm so glad we have guys like Ralph around. Thinking for myself gives me a headache!

TTFN
CTC



To: jimleon who wrote (56107)8/5/1998 12:46:00 AM
From: Naggrachi  Read Replies (2) | Respond to of 176387
 
<<this is correction number 58 in the ongoing tech bull market.>>

What are you talking about? According to most "experts" and media, many of us have yet to experience a 10% correction, nor have many gone through a bear market.

As far as the CNBC thing is concerned, these guys should never be allowed to cover financial markets, why? Beasue they run it like they run the main network, NBC, with ratings in mind. What does this mean? They aim for the widest group of audience and the lowest common denominator. Hence, all the graphics, colors,charts, slickness, music and what have you.

Did you ever watch the NBA when CBS use to broadcast it? Although it was no where near the glamor and commericlization that NBC has made the NBA to be, it was still much better because at the end, I felt like I watched a basketball game, which is what I wanted, and not some glitzy show.

Zead