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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: robert b furman who wrote (1464)3/12/2001 9:28:48 AM
From: Chip McVickar  Read Replies (1) of 12411
 
Hello Roberto,

Looks to me like the outcome of this week will set the tone for the next 3-6 months.

The markets have absorbed a lot of positive information like Rate Cuts and sold a lot of earnings news with the sellers winning. The divergence in the Indexes is nothing new, but to me the S&P now holds the key. If this broader index tanks, that would be very hard on the USA markets and dollar.

There's Nothing Wrong with this Economy, It's solid.
Furthermore I believe the end result of the Bush Tax plan will be to sell the news.

****Gold Jewelry, Big Hair, President Bush****
Scheeesh,.....**Good God, Here we go all over again.**

Chip
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