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


To: William H Huebl who wrote (25924)9/1/1998 12:05:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
My data shows the 200 day turned south today.

First time since '94.

I was just curious if the "fat lady" had sung yet, from your point of view.

#reply-5621757

Gersh



To: William H Huebl who wrote (25924)9/1/1998 12:25:00 AM
From: Gary R. Owens  Read Replies (1) | Respond to of 94695
 
Good quote from Fleckenstien today:

stocksite.com

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I want to reiterate that I get no satisfaction out of seeing this happen, regardless of being bearish. The real problem with being bearish is that even when you are right, things are very ugly. I have a very strong view about what is going to unfold with the world economy and stock markets. Even though I am correctly position, I don't feel good about it at all and nobody else should either.

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Fleckenstein also mentioned that he's warming up to gold.