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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (6061)5/4/2000 9:52:00 AM
From: Bucky Katt  Read Replies (1) of 13094
 
Jim, we got the bad productivity number, and they were able to hold things up somewhat, natch.
Anyway, it is funny how one event you are looking for can lead you a certain strategy, which is why I went short the indexes Monday, but yesterday, the day before the report, we really had a nice tradeable market dump. So, I was in the correct mode anyway.

BTW, a few months ago I was mentioning to people I thought we were in for at least 1/2 point increase in the funds rate, everyone thought I was nuts. Now they expect it. Go figure<G>

The metals are starting to heat up, same with the grains.
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