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


To: James F. Hopkins who wrote (34822)12/2/1998 9:13:00 PM
From: HammerHead  Read Replies (2) | Respond to of 94695
 
Jim,

I think we'll have a MegaShort opportunity in '99, but it's difficult to guess when it will happen. My personal opinion is in the second half of the year. A recent survey from Gartner Group indicated 38% of computer-related corporate CEO will cash out their equities before Y2K. Only when the wide spread fear overwhelms the market, we will see the mass sell off regardless what the spinheads say. But many TA gurus (David ?) on this thread suggest the turning point may come sooner than later. Unless some negative news resurface (such as earnings and currency) I don't see the (internuts) bull will rest. I hope the market push to the extreme so when the bubble bursts ... , it could be the once-of-the-lifetime chance.

Robert