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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (1694)8/10/1998 11:28:00 PM
From: Lucretius  Read Replies (6) | Respond to of 14427
 
Thread:

Time for Lucretius to make a call!

After talking to my broker this afternoon and several "well placed" friends of mine in the industry. I am of the opinion (as are they although they would not say so if asked in public) that this mkt is on the verge of an implosion. There will be NO 2ndary rally that everyone seems to expect (even many of the bears looking to load up on shorts like Jerry Favors) before the crash begins. What you saw the last couple of days was all the rally we will get. You probably have a couple of days before we resume the march downward. If you are still long this mkt... start SELLING!! It will get VERY VERY UGLY from here on.

of course I could be wrong? (G)

Good luck!!!

-Lucretius