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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 (29697)10/2/1998 2:25:00 AM
From: BubbaFred  Read Replies (2) | Respond to of 94695
 
Bill -

An S&P retest of the recent low at 960, then a shortlived rebound to the 1050-1100 range, to be followed by a test of 900 and then 850 by end of October to mid November. Low of 650 by March-April.

Too many people still very complacent. One financial planner I know still telling his clients to look into 5 to 15 years horizon and never tell their clients to bail out.

Many of my buddies are bullish. They are convinced that the bottom was made five weeks ago. They have become sourgrapes and are now upset at me for telling them they should sell because they can buy them back at 25% discount.

Message 5851728

It is best to just keep my mouth shut next time.

Fred