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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: pater tenebrarum who wrote (65303)9/30/1999 9:03:00 AM
From: Lucretius  Read Replies (2) of 86076
 
i'm starting to think a Fed "no change decision on tues" is what will cause thebig intraday bounce off of 8700 or so. this would also cause many shorts to cover and make many dumb bulls buy w/ enthusiasum as well as the public. then we would roll over to crash to 5K AFTER as the mkt realizes (due to gold's rise and the bond's getting spanked) that Easy Al, against his own loose wishes, will be FORCED to raise by the mkt just as he was forced to cut last yr, and maybe even will raise before the nov meeting in a panic much like he lowered intrameeting last yr.

we'll see... the exact timing of this sucker is difficult..... :)
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