To: Challo Jeregy who wrote (7119 ) 2/27/1999 7:57:00 AM From: donald sew Read Replies (2) | Respond to of 99985
Challo, >>>>> I'm not a Favors expert, but since he was out of the market for most of the ride up from October and is now bullish I know!!!! Hey, I didn't say he is right!!! <G><<<<< Thats the problem I have with very strong Kahuna up or Kahuna down calls. FAVORs made a beautiful call targeting 7400 on the downside and he was right on, but could not call the huge upswing from OCT. Mathematically, I think it is basicly a 50:50 or 60:40 chance of calling big moves correctly. There are just too many variables that need to be consider, and when one thinks everything is covered then something new pops up. On another topic, I was watching some investment shows last night and the majority of analysts are still saying the the interest rates are going down, but they didnt say why. Am I blind, but I just dont see it. Hey the interest rates may trade in a range but that was not what they were saying. Sooner or later the price of crude may start to head up - isnt that a major inflationary issue. That may be 6 months - 2 years down the line but few of the analysts are mentioning that. Am I blind again. As Asia and the rest of the world starts to come out of their economic slumps, wont the consumption increase raising the price or am I just blind and OIL will stay this low forever. Keep in mind that most of these analysts are talking longer term also. I also hear comments that this bull market will never end, sorry but I just have to laugh. Hey maybe Im blind and wrong, but since civilization started their have always been social & economic cycles. I guess there are no more cycles since the INTERNET is now in phase.ggggggggggggggggggggg From everyone I speak to the overall feeling is that the BULL MARKET will continue FOREVER, of course with corrections here and there. Its only on SI that I hear a bearish tone for the longer term. Hey I guess Im blind. Seeya