Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Haim R. Branisteanu who wrote (33293)	11/8/1998 2:11:00 PM
From: Investor2	Respond to of 94695

Re: "... the manipulators would go to jail, no questions ask." Perhaps it is the stated purpose of the Federal Reserve, as mandated by its charter, to "manipulate" the financial system in a way to stabilize the economy. Maybe the "manipulators" would be fired for not performing their jobs if they did not prevent a free fall of the stock market. Best wishes, I2

To: Haim R. Branisteanu who wrote (33293)	11/8/1998 2:39:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Haim, I believe that the baby boomer generation has scewed historical means and bears that justify buying or shorting on f/a will be disapointed. I agree we are in a tulip mania, but that won't stop the charge just because you, me or anyone else thinks it should. The market is always right That's why when you see an incredible bullish divergence at a panic bottom, you have to trust that the market has made a bottom and not listen to fundamental analysts. At every significant bottom the news is bad, in 74 it was Nixon resignation and oil embargo, in 82 it was big recession and unemployment, in 90 we were at war, in 98 hedge fund debacles and bread lines in Russia. We have made a bottom that will be support for some time. The only thing standing in the way is Y2k and right now nobody knows the real extent of it's impact. If we break above the blue line on this chart and hold it we may have seen the bottom of the Kondreitieff long wave. pw1.netcom.com bb