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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (45028)12/11/1999 12:19:00 PM
From: Brian Hornby  Read Replies (2) of 94695
 
Well I may come around to the bearish side after all. My Neural net systems are now short, and the QQQ put in a bearish "Hanging man" candlestick on Friday. Also prices are hitting the upper trend line. However - if bonds continue to rally, that will likely boost stock prices. Also expiration week is normally bullish, however I seem to remember drops on some expiration weeks, like last month.. An early rally on Monday might be the ticket to short - seems to be the equation lately.

On other things - what is your feeling on Gold? Looks like it is hitting the lower trend line, might be a buy here. Bonds I am long but may take profits soon...

regards, Brian
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