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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Stoctrash who wrote (40626)2/11/2000 2:54:00 PM
From: Michael Watkins  Read Replies (2) of 44573
 
I've been watching the market very very closely and have been quite public in my concern. This day may well be the shot across the bow that causes a gap down on the COMPX on Monday. With fairly predictable results.

The NYA index is at its 1998 trendline today.

A massive swing in investor sentiment to high PE stocks will be a very bad thing...

And they will blame it on Larry Summers.

It is all TOO PERFECT.

(so the market will rally instead LOL!!!!)
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