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


To: yard_man who wrote (31854)10/17/1998 7:21:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
tippet: I'll go out on a twig here.

You must be a light weight poster. <g>

Nothing wrong with trading a bounce, but I'm not calling anyone a genius who went long and got a special gift from the FED unless they predicted that beforehand.

Tisk, Tisk...let the guys enjoy their moment! Some of the guys not only posted about a move up, but placed their bets as well!

If your twig holds up, you'll have your day...<g>

BWDIK
Regards,
LG



To: yard_man who wrote (31854)10/17/1998 8:30:00 PM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Tippet: I have no faith or use for predictions. I haven't the slightest idea what will happen Monday. Maybe a deity does. I only have expectations which can be completely unfulfilled. When they are, I have to react to the unexpected.



To: yard_man who wrote (31854)10/18/1998 8:45:00 AM
From: donald sew  Respond to of 94695
 
Tippet,

>>>>>> Nothing wrong with trading a bounce, but I'm not calling anyone a genius who went long and got a special gift from the FED unless they predicted that beforehand.<<<<<<<<

No one predicted the FED would lower rates specificly on THUR, but I will give alot of credit to a few:

>>>>>>
Alot of credit for the runup last week, was given to and taken by those who have been bullish for a long time. Hey they were finally right, and should take some credit.

But those who really nailed it, are the ones who were bearish then were able to turn bullish in time. LG is one of the few in that club.
I only started turning slightly bullish/less bearish Thursday morning, before the announcement, so I missed it.

So for those like LG who were short and able to reverse their direction, are the ones to get the most credit. Those who are always bearish or bullish will sooner or later get it right, and should receive a little credit.<<<<<<<<

Seeya