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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (232997)4/2/2003 4:50:39 PM
From: Gersh Avery  Read Replies (3) of 436258
 
lookin' like he favors the long side, for the time being. Judged by charts ..

Now then .. these markets are being driven by war news.

When that's done we'll be back to driven by market news.

What kind of market news has there been lately? I think it's all been bad.

Maybe it'll be like everybody thinks "we're down so far that everything looks like up to me." But I don't think it'll be that way.

So then .. when the war gets ended, then the markets will have one last spurt up then head down.

Meanwhile .. If we continue at a pace where we get the war ended in the next 48 hours, or so, then the markets can ramp up hard the whole time ..

But, if we get hung up from time to time on the way to Bagdad, then the markets will head back down again.

Ain't charts .. ain't econ data .. it's the war ..

And, again, wars are never perfect.
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