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

To: Investor2 who wrote (33268)	11/8/1998 10:52:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 94695

>>>>Is it really possible that the moderate level of market "pain" from August through October was a 24-year cycle low?<<<< I2, if you were in Asia, Russia or Latin America you would feel much differently. Ugly news like we just had a flurry of is indicative of market bottoms, not tops. Now the bad news has subsided and ignored (which is bullish). We had a chance to break of 7400 plane in October and crash to 5800, however the underlying fundamentals didn't warrant that, so we had a failed H&S pattern and now we go much higher. We just had blow-out earnings from Microsoft, Apple and many others, not indicative of any doomsday scenario. bb