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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%4:00 PM EST

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To: bobby beara who wrote (18303)6/23/1999 4:25:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
BB, you are not supposed to upset the BULLS it is unpatriotic <G>

I am watching TXN for a short - e.g. to write out of money calls.

Oil is stubornly sitting above $18. Within several weeks we are entering the winter purchasing season and with prices at those level it will not surprise me if oil will move up some more.

It also seems the gold stocks are forming a bottom

The $$$ is weakening some and I speculate that AG will need to raise 50 bp to avoid short term inflation, cool the stock and bond market.

Haim
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