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

To: Bill Wexler who wrote (1362)	8/28/1998 3:50:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 3339

Bill, there is still too much complacency. The dipsters have been conditioned to ignore fear and buy the dip. We won't see a decent tradeable bottom till we get a decent blow-out fear bottom IMHO. This mornings man on the street interviews displayed no such fear as most were saying buying opportunity. This was a completely different case on October 27th and June 15th. This is a bear market. Bull market supports and uptrendlines have been taken out. Fundamentals locally and internationally have been deteriorating since 8/97. Crash type scenario is possible. The fundies sell programs may kick in after a certain time frame below the 200 dma on the spx. bb