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

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To: Gersh Avery who wrote (43921)2/22/2001 10:18:03 AM
From: Chip McVickar  Read Replies (1) of 44573
 
Yes, could cluster.

Looking for cash to see 1245±

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Weakness until 1247.50 SPX - median line
Then I'd look for a recovery to begin after Noon today and be given a boost by next weeks economic reports.

But GZ...., the next shoe to fall is Real-Estate.
With stocks this low and .com revolution smashed by Greenspan and investor sentiments this area has got to be about ready to cough-up some bad numbers.

I'd say a mild push into March --- slow sink into summer and then maybe a rally in the fall?

These weak earnings reports are getting to be tiresome and old hat, so something should soon let the buyers come back to make some money. Cycle in and out...!
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