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


To: P.Prazeres who wrote (26963)9/8/1998 9:16:00 PM
From: GROUND ZERO™  Respond to of 94695
 
PP,

I agree with you completely. The lows were already tested and the next bull market is quickly emerging. There is plenty of bad news around, but I submit that the markets have already discounted the news.

GZ



To: P.Prazeres who wrote (26963)9/8/1998 9:24:00 PM
From: bobby beara  Respond to of 94695
 
Paolo, lest we forget in these volitile times 100 NEW Lows is abysmal and there is nothing bullish about that, other than it looks good next to 1000. On a similar rebound from the mini-crash lows, I believe the new lows, quickly went to almost zero. This market is a lemon, today they put a nice detail on her with a shiny new coat of paint. beware the warrantee is five feet or five seconds -g-

I believe Friday was a sucker's retest, and whether we get a retest soon or in October I don't know, I'm thinking sooner and later.

Now that the market is not under stress, they can start marching out the earnings warnings they've been holding back on during the sell-off

bb