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


To: bobby beara who wrote (37858)3/2/1999 10:45:00 PM
From: Vitas  Read Replies (2) | Respond to of 94695
 
bobby, triple titantic, hindenberg, triple declining summation slammation, MAJOR failure of the weekly summation, just like 1957,
where there were two 4 year cycle bottoms - we are eventually
going to retrace half of the bull markets gains from 1994.

Dow 6800.

Once the a-d line cracks, most likely tomorrow, LONG IS WRONG.

The only question is if we do the 55 day slam or a stairstep where the
market just steadily declines - down 10% (from here in one month, down 20% in three, etc. Take a look at the 1957 decline that started in July 1957.

So far the pattern of this decline that started on January 8th looks
just like a 55 day pattern slammation. I've got my tickets to ride, and I'm going to ride them. This may be a once in a lifetime short opportunity.

We are at trading day 38 today from the a-d line peak January 6th.

The 1987 crash culminated on trading day 42. 1994 March slam
ended on trading day 42. September 92 mini slam ended on trading day 44.

If that a-d line breaks tomorrow, the party is completely over.

Vitas



To: bobby beara who wrote (37858)3/2/1999 11:07:00 PM
From: Follies  Read Replies (1) | Respond to of 94695
 
bobby,

Can we talk funnymentals? I know Luc T. thinks this is heresy but... I think you are short Ebay. I am short YHOO and thinking of spreading it with a long Ebay on a good dip.

Two very important FA considerations

1) Ebay makes real money, a percentage of sales. I personally have spent over $2000 on various items. I have never clicked on a banner ad at YHOO, in fact I only go there 1-3 page views per day. I have spent hours at Ebay ( I've resumed a coin collection I started as a youth more than 30 years ago).

2) YHOO is vulnerable to a new portal with a new buz (pass the thunderchicken), No one will have loyalty to YHOO. Ebay however is a critical mass business, more buyers mean more sellers mean more buyers mean more sellers and the beat goes on. People will list there items where ever there is the most traffic. People will look where ever there are more items for sale. There is a barrier to entry that YHOO doesn't have.

WHats your thoughts bb?

GOD I LOVE THE SMELL OF VELCRO.

Loaded to the gills with bizarro calls and 1000 PE stocks ;-)