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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 (29568)9/30/1998 6:55:00 PM
From: Gersh Avery  Read Replies (2) | Respond to of 94695
 
**OT** Re: "Just don't moon your TV??? "

Now that would be a pain in the ..

My thoughts were running toward black helicopters and large weather patterns ..

Remember, a while back, when those couple of fellows got caught with that "non lethal" version of anthrax? I thought at the time that might be a good way to vaccinate the general population .. would probably loose less that 1% of the people that way and get the job done in the quickest way possible. Of course there would be a drop in national productivity for a couple of weeks.

Oh well .. 'nuf 'noid for now <g>

Gersh

LTCM waivers??? this is gonna get interesting.



To: William H Huebl who wrote (29568)9/30/1998 8:26:00 PM
From: HairBall  Read Replies (2) | Respond to of 94695
 
I logged onto to SI this eve and don't have the usual left panel! Anyone else have this problem? Nor do I have acces to the URL of each message at the bottom of the page!

Regards,
LG



To: William H Huebl who wrote (29568)9/30/1998 8:43:00 PM
From: bobby beara  Read Replies (3) | Respond to of 94695
 
Bill, didn't I say you should be selling Yom Kippur. This is the day of atonement for the markets -g-

Look at the Walmart chart. Fed lowered rates because he sees a recession and the DOUBLE TOP that I talked about on Walmart struck today. Greeny should have started lowering rates months ago. He underestimated the consequences of the Asian mega bubble on the world economy as did John Q. Bubble Head. LTCM is symptom of the financial management system gone awry - high stakes gambling by noble laureates and high stakes gambling on the part of Credit issuers giving your pet fido a 50,000 credit limit.

.25 or .50, greeny only did .25 because a .50 would have seen an immediate crash, .25 the landing will be somewhat softer because of the indecision - maybe not.

The sentiment readings are bullish on a short term basis, HOWEVER we have 3-7 years of unbridled optimism and buy the dipsterism - NOT SEEN since the 73 top - to crush, and now that major trendlines have been broken on NYSE, Nasdaq. I think this is the time.

Today we broke the uptrendline on the SPX, however most of the other indexes are on the trendlines. A down day tomorrow will cement the next move down to test or break 7400. I believe break.

bb