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To: Starlight who wrote (6808)10/8/1998 6:25:00 PM
From: Dave Swanson  Respond to of 9695
 
All I can say is........
They're throwing babies out with the bath water.....
Bought a few more today @ 1 + 9/16 just before the close...
What a bargain!



To: Starlight who wrote (6808)10/8/1998 8:31:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 9695
 
ES--I agree with your thoughts. The liquidity pump is going dry. The Japanese have a borrow rate of 1/4 of 1%, and look where they are. We are headed down that same road. I sold most everything and went short the s&p futures when Goldman (24 Aug.) announced they were going public. To me, that was the top. Throw in the political circus we have in Washington, small wars flaring all over the world, and it spells big mess.

Check out this site>>http://www.stocksite.com/features/contrarian/rap/index.ssj?internal=t

And this>>http://www.exchange2000.com/~wsapi/investor/Subject-22694

Interesting quote::

"GOALS ARE LIKE DREAMS. WAKE UP AND FACE REALITY!"



To: Starlight who wrote (6808)10/8/1998 10:29:00 PM
From: SIer formerly known as Joe B.  Read Replies (1) | Respond to of 9695
 
Re>>> The 7400 area is very important to watch. Jerry Favors, a very astute technician, said on CNBC some time ago that if 7400 doesn't hold, we could go to 6700 by late October. He's been pretty accurate at calling the market so far this year.

Do you remember if he said interday or closing?
The DoW did take a quick peak under today?