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

To: bobby beara who wrote (30491)	10/6/1998 8:42:00 PM
From: HairBall	Read Replies (2) \| Respond to of 94695

bobby: DJU made the projection peak of it's failed H&S pattern of 9/1 and looks topping to me also. I agree the Dow Utilities are looking very toppy. My Cycle Indicators show momentum on the Utilities is at least at a Ten Year High! (Note: My Database only tracks back ten years.) Gee, I think we are nearing a major breakdown! I suspect the YHOO earnings may provide one last rise. And, then these high flyers will act like the moisture in the updraft of a thunderhead that finally reaches the colder thinner air and falls to the earth as rain in a violent storm. BWDIK Regards, LG

To: bobby beara who wrote (30491)	10/7/1998 1:00:00 AM
From: Ilaine	Read Replies (2) \| Respond to of 94695

Oh, God, bobby, I hope you're wrong. I hope all you gold bugs are wrong. I really, really, really don't want to buy gold, as an investment, I mean. There is just something about it that irks me. It just smacks of, I don't know, idolatry. I mean, other than jewelry and dental work, maybe electronics, what's it good for? Don't get me wrong, I love gold jewelry, but it's a terrible investment. If you are lucky, the best you can do is buy retail, and sell wholesale. May as well try to invest in art, or jewels, or stamps, or some other sucker bet. I can't remember the guy's name, he used to host investment conventions, he is in a wheelchair, down in New Orleans, who was predicting $800 gold back in the 80's. Talk about waiting a long time for your investment to pay off. CobaltBlue