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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (14057)8/5/1998 11:57:00 PM
From: bobby beara  Read Replies (1) | Respond to of 42787
 
Sorry Electric, a lot of your arguments are new era arguments

I don't believe in new eras. Cycles repeat, the sun comes up the sun comes down, boom - bust.

I wouldn't be shouting on this bull thread, if I wasn't absolutely sure in my convictions. I could be wrong, but the extreme amount of evidence has been approved by Judge Judy -ggg-.

The essence of a trader is to SEE the future. Today the economy is fine, but A STUPENDOUS AMOUNT OF EVIDENCE is there that it won't be in 6-12 months.

AND THAT IS WHY THE FUTURE TELLING STOCK MARKET IS SELLING OFF NOW!

OEX stocks are selling @ 40x earning avg. and earnings are in the declining mode - DANGEROUS!

THIS IS NOT A NEW ERA AND EARNINGS DO COUNT, MONEY FLOW ONLY GETS YOU SO FAR AND THAT WAS TO 7/20. In the 1600's in Holland they paid up for tulips only to a certain point.

Asia is 25% of the world economy. If 25% of your town went belly up how would your town do economically.

We have seen the peak. You can ignore the tried and true Dow Theory Sell Signal at your own risk.

bb