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

To: Monty Lenard who wrote (29410)	9/29/1998 6:08:00 PM
From: robnhood	Read Replies (3) \| Respond to of 94695

<<< I think we still have a good posibility of this market going up. >> Monty,, They fell all over themselves to buy bre.x even after they had been told there was no gold there... Just a thought that crossed my mind this morning while trying to understand what could possibly be motivating the buyers.. russell

To: Monty Lenard who wrote (29410)	9/29/1998 7:44:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Hi Monty; Re> I agree, People will only change this when the suffering becomes too great to bear. Otherwise, they don't care. They vote and react only to their pocket book. That's the dilemma no one want's to listen before time, and it does very little good after the fact. -------------------- RE> I am showing 70 new highs today according to Yahoo plus the adv dec issues positive on the NYSE. I think we still have a good possibility of this market going up. Personally I think the A/D was too good, for the down volume. I've lost my bullish feeling, not bearish enough to short, but I'm sure not bullish at all. What is going up is the wrong stuff too, no one listens when I say higher oil prices will choke the market. The drillers went up with production cuts ? That's insane, production cuts to FIX the oil prices higher for the benefit of Who ? ---------------------- The market got it's 1/4pt and what did it do ? Now for a month I was saying up, and bad news ., and bad news, and still it went up, but today was supposed to be good news ha. I won't say it's going down, but you can bet I'm cash, I didn't see the sell signal, but something don't smell right. Jim