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


To: Berney who wrote (40318)6/2/1999 2:41:00 PM
From: Yogizuna  Respond to of 94695
 
Berney,
Yeah, we talk to the charts too much, and to add insult to injury, they don't even listen to us! The nerve!! <G>
It's definitely trading range time, at least at the moment.
After we get our nice correction or bear market most likely the second half of this year, the thing that would fool the most people and pundits would be a trading range market, something like what took place in the 1940's and 50's. Almost no one is looking for that as far as I know.
A lot of folks are losing their shirts in the internet sector, having placed their bets far too high, so the next buy the dip bounce may run out of steam sooner than expected.
I'm keeping most of my longer term LEAP puts for better prices, after selling some for quick profits recently. Yogi