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


To: Terry Whitman who wrote (1089)8/11/1998 5:30:00 PM
From: Box-By-The-Riviera™  Respond to of 3339
 
I like number 2.........fits the classic pattern.....also allows for repeated shorting of the same stocks until they bottom ..... and also fits what it would appear it will take to knock down the buy the dips crowd......i.e. repeated bashing over the head with a market bat....

long day today.... but still short....

Joel



To: Terry Whitman who wrote (1089)8/11/1998 5:51:00 PM
From: bobby beara  Read Replies (1) | Respond to of 3339
 
TW, amazing the lack traffic on this thread huh, I'm voting for #2 also, but the last drop will be fast and furious with a 1 million+ share day for both naz and nyse. The bulls will run out of margin and guts as they keep getting slammed on each dip they buy.

Too much complacency still, did you see the geocities IPO, when this kind of speculation is squashed, then we can make some short term long buys. Nasdaq still way above the bottom bollinger band.

When the bulls have capitulated and have become bears then we hit a short term bottom - I'd like to see someone like rukeyeser, battapaglia, cappielo, or the Big prize Abby Joe get bearish or at least really really nervous. I did think rukeyeser looked a little green around the gills the last couple of weeks -g-

That would be a good short term buy opp IMHO!



To: Terry Whitman who wrote (1089)8/12/1998 12:36:00 AM
From: Les H  Respond to of 3339
 
I had 8200/1050 as next targets for Dow/S&P. You seem to forget bears require a lot of sleep.



To: Terry Whitman who wrote (1089)8/12/1998 8:18:00 AM
From: Moominoid  Read Replies (1) | Respond to of 3339
 
2)Slowly but steadily down?

That's my vote - what's sideways into a freefall look like?