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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (24347)8/16/2001 9:54:34 PM
From: westpacific  Read Replies (1) of 30051
 
I see a Friday crap and gap, Monday is what I think could be nasty.

But with options I expect a slight up day. And the joke is they will get shorts to cover and longs to go long - that is going to be wrong and just what they want.

The FED is a non issue now. They cannot win, .25 big deal, .50 and it will create fear, and they will not do .50 due to the collapsing dollar.

So the FED is a non issue now, all these rates cuts have done nada - .25 who gives a crap.

All the best

West
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