The Spectacular Fall

And rise, and fall, and rise, and fall

of WB.

You could have made 50% on your investment twice in about a month - and each time, you would have had to act to protect your profit. And what about RIMM? We aren't done yet. I feel pretty confident that MSFT will retreat to its strong support at 21 before we see the next bull market. Until then, everything anyone says is bull.

Is the Worst Yet to Come?

Watch the fireworks that follow when MSFT bounces off its 200 day moving average. Just watch! This should happen in about 2 weeks or less.

How to Operate the Market

1) Be president.
2) Screw up the economy.
3) Let bellweathers like LEH and BAC decline and threaten to go out of business and let their stocks hit rock-bottom.
4) Get phone calls from big money managers saying they've entered into positions in those stocks and that the coast is now clear.
5) Announce a plan that will have the effect of getting those stocks to open at prices which mean no one else can now think of getting into them.

The Bigger They Come

It's not time to buy yet - if you look in the past - with this sort of panic-stricken selling - you want to wait for a really serious dip - like to 9000 or 8000 before you get in - that's what you see when you look around 9/11 time.

But how about this - IBD changing its tune to "market in confirmed rally" is again a good time to sell. Pathetic fools. Aprende!