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


To: OVETUS who wrote (30470)10/6/1998 7:58:00 PM
From: Brad Bolen  Respond to of 94695
 
Ovetus,

MAN! Are you brave! I hope they get .14 are it is a top. If they don't get .10 its all-she-rote for internuts. If YHOO disappoints AND the general market tanks, then it will be a nice trading bottom for me.

But I make no pretense about being long term bullish here. After this initial shock phase is over, there will be a phase of hope...Government measures, some market upside, etc. Then, fundamentals will start to matter, finally, as companies begin to seriously disappoint and earnings are severely downgraded.

After that, I expect this to end with a very heavy selloff...in a few months, or maybe as far out as two years from now.

This situation isn't going away for a long time...the bear, that is.

B.