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


To: yard_man who wrote (23612)8/7/1998 3:13:00 PM
From: Peter Singleton  Read Replies (1) | Respond to of 94695
 
Folks,

Here's my take.

I think this thing is coming down. Big time. Based on technicals and fundamentals. I've adjusted my portfolio accordingly. Right now I'm not looking to capitalize on the downside. My interest right now is preservation of capital.

This is just an opinion though, and I'm trying to gather data that would either support or challenge that opinion.

If this is the rally, that wasn't much of a rally, hence there's a lot of velocity and compression to this.

I should add, BWDIK : )

Peter



To: yard_man who wrote (23612)8/7/1998 3:17:00 PM
From: vegetarian  Read Replies (1) | Respond to of 94695
 
>> Hats off to the guys coming in and buying now -- that takes guts.<<

Now, don't lose the grip on that hat though; they may eventually try to grab it to cover themselves ;-) Hey! its Friday and I am in good mood.