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


To: Bonnie Bear who wrote (24452)8/17/1998 12:31:00 AM
From: the Druid  Read Replies (2) | Respond to of 94695
 
The real BK is finally upon us.



To: Bonnie Bear who wrote (24452)8/17/1998 12:35:00 AM
From: kahunabear  Read Replies (1) | Respond to of 94695
 
BB,

I remember how overpriced I thought the S&P was when it crossed over 900 a little over a year ago. The fundamentals seem much worse today, yet it is at 1062. It could fall a lot further than that. Here is just the last 2 years rise:

quote.yahoo.com^SPX&d=2y

I know its nothing new, but it just amazes me how far and fast this market has come. Yet most folks seem to think an Asian type fall is impossible. If they start thinking it is possible, watch out below.

WS



To: Bonnie Bear who wrote (24452)8/17/1998 1:02:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
big money-center banks fall down go boom tomorrow.

I doubt it. I follow Chase and my TA shows it taking a rest or sliding a little only. JPM was up strongly on Friday.



To: Bonnie Bear who wrote (24452)8/22/1998 3:42:00 PM
From: Snowshoe  Read Replies (1) | Respond to of 94695
 
Bonnie, time to short those insurance companies?...

Growing Hurricane Bonnie threatens U.S. Southeast
dailynews.yahoo.com

p.s. Historically, there is often a BIG hurricane season when an El Nino event fades out.