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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (13441)11/3/1997 1:30:00 AM
From: AlienTech  Read Replies (1) of 50167
 
>>HSI is taking out decisively lot of chart points- look at the bonds and $ gaining strength- has markets decided to call the 'deflation bluff'- in my humble opinion it may be so.<<

Ike you think we might get a decissive rally on monday? All we need is one strong fund to jump in and the rest will follow, unless they think that they can take the market lower by waiting and then buying in. Maybe the mondays rally gave the money sitting on the side lines pause to see that the individual investors not as dumb as before and has some reserve cash on the side lines. I heard schwab say that people were jumping to sell on monday and then buying the same thing back on tuesday. It was total selling and buying panic.
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