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


To: Paul Shread who wrote (1478)9/1/1998 1:58:00 PM
From: yard_man  Read Replies (1) | Respond to of 3339
 
A year -- high was in July. ho ho ho

I don't have to worry about "on the way up" for several months and neither do you.



To: Paul Shread who wrote (1478)9/1/1998 2:52:00 PM
From: Maxer  Read Replies (1) | Respond to of 3339
 
Paul--

This market is so nervous that if we just get a hint of Hong Kong dropping or Japanese banks defalting things are going to come apart. It will be fast and nasty.

The tech people on SI seem to be agreement that the second leg of this downside is coming toward the end of the week. We shall see.

I liquidated about a month ago and now my worry is when to get back in. It was very tempting this morning, but I feel there is much more downside to come, possibly into the low 6000's, so I will wait. I recommend caution. Good Luck.