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


To: Gary R. Owens who wrote (25553)8/29/1998 12:02:00 AM
From: Skipperr  Read Replies (2) | Respond to of 94695
 
Gary - Be Aware - Jim Stack had been Bearish for almost the whole length of the entire bull market. Like a stopped clock, he will be right now and then. He is a "Perma-Bear". Also note that he said he is only 80% in cash. If he is so Bearish, why isn't he 100% in cash? Just more Hype to get the market sold down so he can buy it!

Believe me, it is not the end of the world!

Consider this, given the position of your tried-and-true Technical Analysis indicators (from the past), if this had happened before, would you be a buyer or seller then? How about now?

Only you can answer this question!

Best regards, Skipperr



To: Gary R. Owens who wrote (25553)8/29/1998 12:03:00 AM
From: Joseph G.  Respond to of 94695
 
Gary, if you quote something - put it in quotation marks <<blah blah blah>>, and if you're sarcastic, or kidding, use a -g- at end. -g- stands for -grin-. When you want to make sure everybody knows you're serious, put a -ng- for "no -g-". Readers can't see you facial expression. -ng-



To: Gary R. Owens who wrote (25553)8/29/1998 12:04:00 AM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Exactomento Gary, another replication of the short term financial memory - Galbraith is king kahuna and anybody invested in this market should have read his compleat works backward and forwards.

I'm watching Wall St. Week and puking in my spitoon at the muck fed to John Q. Public by these compleat corporate shot in the rear with diamonds morons.

Oh ya, earnings have been declining over the last year, but they'll be better in 99' Ya RIGHT!!! and I have excellent property on Mars that I expect to quintuple in the next year.

I wan't to spit up blood right on this screen for this pile of poo poo that is fed to the american public.

The stock market is the biggest casino in the world. The HOUSE ALWAYS WINS. You can pull up 1000's of charts and see massive distribution patterns over that last year. Who are they distributing the stock to JOHN Q. SUCKER PUBLIC, who buys this line of bull puck, hook line and stinker.

Americans are lining up in mass to pay corporate ceo 200x earnings the avg worker. They are falling in love to make a couple of Yahoo's billionaires overnight. You can bet your bippy that these guys are selling their own shares into the strength and laffing at DUMB Q. PUBLIC all the way to the bank.

The trend is your friend.

The trend in fundamentals has been down for over a year and now the technicals are in place for John Q. Public, brave bought the mantra buy and holder sucker to be taken to the proverbial cleaners.

bb