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

To: Haim R. Branisteanu who wrote (32014)	10/19/1998 9:41:00 PM
From: BubbaFred	Read Replies (1) \| Respond to of 94695

Haim, Everything is pointing to a concerted effort by the FRB, financial programs, investment bankers, etc...etc, to buoy this market. I think both FA and TA can be thrown out a little while, i.e. a few more weeks. There seems to be great urgency to make everything looks good and keep American consumers spending. A drop in consumer confidence can mean a grave deal to the recovery of the sick economies. It is unwise to go opposite to this bullish trend, as it exploded up and they tend to last a long time. As I see it, this market may rise till January, when the holiday retail sales numbers come in. I think there is a chance of some disappointments at that time. From now till January, it is best to stay with the momentum. Even after it gets very frothy, it will still take 1 to 2 months to see any drop. Having said that, this market will most likely prove me wrong. We'll see next week if this bull is real. Fred

To: Haim R. Branisteanu who wrote (32014)	10/19/1998 11:06:00 PM
From: Verkaylac	Respond to of 94695

I think Ralph Bloch is an ego-maniac. He was positive he was right when he was bearish in the 6000s. Now he's positive he will be right being bullish in the 8000s. My guess is he will be wrong, again. I've heard CNBC manages interviews and generally they will only have on bullish guests. Maria Bartoromo is nothing more than a cheerleader (and a very over-rated looking one at that)!

To: Haim R. Branisteanu who wrote (32014)	10/20/1998 9:27:00 AM
From: donald sew	Read Replies (1) \| Respond to of 94695

Haim, I feel the same way you do, and that is not because Im bullish or bearish.. My issue is objectivity. There are some who do try to be objective, like MARK HAINES, but others like MARIA in the morning being so enthusiastic at times. Seeya

To: Haim R. Branisteanu who wrote (32014)	10/20/1998 9:42:00 AM
From: Greg Jung	Read Replies (1) \| Respond to of 94695

If the fed is on your side, why argue with that? $ rise this am, I suppose a european interest rate drop is expected? Even though there was small volume, quite a few 20% bumps in stock prices the last few days. Not the right time, imo, to be putting in new shorts when the fed is goosing the market. What are they going to do to break the s&P 1080 level? Let themarket linger a while, allow shorts to come in, then any small nudge will take it up. The barrier broken, the next goal is 1150. And don't look back: support levels unnecessary. Greg

To: Haim R. Branisteanu who wrote (32014)	10/21/1998 4:10:00 AM
From: Jay8088	Read Replies (1) \| Respond to of 94695

Based on this thoughtful analysis of what is ahead, Prechter's call to 'liquidate everything' might be the most prudent advice anyone could give. chebucto.ns.ca On the other hand, most individual investors are holding on.... amcity.com:80/albany/stories/101998/smallb6.html Pretty scary situation as this sharp rally stops cold at 61.8% retracement. (DJIA 8650 ) Could we get into the wave 3 down when no sensible analysts (technical or fundamental) expect it???