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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (14269)10/2/1998 7:30:00 AM
From: craig crawford  Read Replies (1) | Respond to of 18691
 
Hmmm...those bulls don't give up easily do they. Futures up 5 points now and Euro markets are recovering. Ok everyone, go back to bed, the sky pulled the rip-cord and the parachute is opening.

Stay tuned, the battle isn't over...yet.

CC wants his crash, and by golly he's going to get it soon or later...



To: craig crawford who wrote (14269)10/2/1998 7:33:00 AM
From: Sword  Read Replies (1) | Respond to of 18691
 
Hi Craig: I'm awake, I'm awake already!

Today and Monday are potential crash days. But you know, I'll bet that what happens over the next 18 months is a slow but steady wringing of the market that will absolutely impoverish the brokerage accounts of most Americans. This generation believes the market will always quickly recover. So they will keep their money in stocks because "we're about to have another run-up". When I talk to people around the office about this, even those close to retirement, that is the response that I get. They are sleeping with a Bear and they are going to get mauled.

-Sword