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To: Lucretius who wrote (4861)10/30/1998 4:35:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 14427
 
Not true.I told you osx stocks were going to tank when you were a bull....that's what I remember<g>....Yes I thought the market was gaining strength at 8000 but then it fell to 7400.....

This market is manipulated now.I think we would be down to 7000 and lower if it weren't for the Fed propping it up.Internals have really improved...200dma's are being broken,nh/nl's are drastically better....looking really bullish for NOW.I think we will still get a BK but it's on hold till after X-mas(barring a non rate cut in Nov..if we don't get that then we'll sell off..)

Next year will be the time for shorts.Why be short now when we have another 500 points on the upside?Wait till 9000-ish.....

B*