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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (57953)8/23/1999 4:01:00 PM
From: kimberley  Read Replies (2) of 86076
 
wow, so much for my theory. everything I learned to rely on to gauge market direction doesn't work anymore. the only theory i have right now is the fed was injecting liquidity into the market because the rate hike was going to be stiffer than expected, but i guess that's out. so we're going into the meeting tomorrow with the dow at a record high. since i left this morning, the internals are weaker, and dollar is weaker vs yen, and the market is at an all time high. but for the life of me, i can't be a bull. pity me for the untold riches i'm missing right now<g>
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