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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (42958)8/12/1999 8:14:00 AM
From: Skeet Shipman  Read Replies (1) of 94695
 
Hi Bill,
Well that will teach me to flip the coin. My read on Tuesday's action was wrong, just as the read on the Beige Book was. (Significant regional & import effects) Driving using only the rear view mirror is precarious. Today's retail sales I view as the most important number this week for most predictive models.
I'll go with your short term predictions. There have been too many people bearish. But, I wouldn't be surprised if the market is not running a double or triple reverse here. It has a mind of it's own.
Skeet
(Flattening interest rate curve is a bad sign.)
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