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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 (29474)9/30/1998 7:26:00 AM
From: Kip518  Read Replies (1) | Respond to of 94695
 
Bill, just came across this site...a simple chart of why it is going to get a lot darker before the dawn. We're just at the beginning of steep and nasty slope. Kip

comstockfunds.com



To: William H Huebl who wrote (29474)9/30/1998 7:38:00 PM
From: robert b furman  Read Replies (2) | Respond to of 94695
 
Question is will it repeat? Mr market in 30 yr treasuries just said yes - today.The stock market was a side show.Don't get me wrong I'm not a bond investor - but I do watch it, and today was history (less than 5.0 % in my life ) and it appeared "strong" to rate the real story of the day.

My stocks were strange, one Up 1and 1/4 on a bottom breakout JMHO (adex), one down 1 on a reversal and I called (cohu), but wasn't aggressive enough to sell - because I'm too da** fond of the stock. Know it's bad and I am trying to learn confidence in short term trading mentally, before this long term position trader sells a great buy, off at a profit, only to lose the position. That's honest, and I would love to know I can do better faster, than slower.As you first advised do your own work and go slowly.

I just think that if the fed went 1/2 a point the market would have done the same thing.As GZ says a test would be best (not more fun but Best).I agree and am watching for support or new weakness (third leg (wave).Think my account can take either and these are exciting times.They have me intense .

Would love to read SI all night but Jan (my wife )and I have some Page Plant tickets.Why did they schedule the concert on a down 200 plus day? < VLG >

So the market tanked today,my accounts ok and "I'm going to buy my stairway to HEAVEN tonight" .

Be watchin tommorrow A.M. (my morning off )

BWDIK

Bob