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


To: BubbaFred who wrote (30067)10/3/1998 12:11:00 PM
From: Barbara Barry  Read Replies (1) | Respond to of 94695
 
Bubba,
I merely wanted to pass on the article.The dipsters are still there for the time being.Yesterday was not impressive at all.Look at a/d and adv/decline volumes,etc.....Many stocks in my tc2000 data base (700) are down 30-70% and that is pretty ugly.Look at ala,icn,prms,nn...the list is endless.I have been bearish since last Sept,but thankfully,Bill has kept me out of buying puts all the time!;)
But that doesn't mean calls are taboo either.Wish I had bought more Fri am than just Thurs pm!IMHO you are exactly right about both ta and fa being a mess.And on cnbc they are starting to let more bears on the air along with the bulls,so the camps are still divided enough to keep up the volatiliy until there is real capitulation.BWDIK
Regards,
Barbara