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


To: bobby beara who wrote (34660)11/30/1998 8:18:00 PM
From: Enigma  Read Replies (1) | Respond to of 94695
 
bobby - have you a chart for that? Thanks! E



To: bobby beara who wrote (34660)11/30/1998 8:23:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
Ummm .. bobby..

That 295 .. is that for the RUT, BKX, NYA, SPX or DJIA?

Gersh



To: bobby beara who wrote (34660)11/30/1998 10:59:00 PM
From: donald sew  Read Replies (1) | Respond to of 94695
 
Bobby,

>>>>> I'm laffing now at all the bullish advisors who will be eating their hat soon. <<<<<<<<<

I have a problem with most analysts/advisors, especically when they only tell partial truths. As I have always stated, it doesnt matter who is right or wrong, whats important is making money, however I do have ill feelings when firms knowingly tell partial truths, and conviently leave out details.

When the market was dumping, most of the analysts were saying to buy and hold long term and they were correct for the major indexes. But who was selling during that period. It has been stated over and over by the media and even many analysts that the the small investor was not selling. If that is correct then it had to be the big boys, the same big boys who were telling all to buy when they were selling. Of course they qualify it by stating for the long haul. The proof of it is how many of the mutual funds did as well as the SPX for the period from the summer until now? It has been reported that the majority of mutual funds did worse than the SPX.

So Bobby, Im in your boat - I would not personally rub it in on an individual, but I would to an analyst who I knew knowingly told partial truths.

Seeya