<<Hi Anax, how did you know that last Friday was going to be a bad day for the stock market? You told me that and you were right. I am just wondering if you can always tell if a bad day is comming.>>
Alas, no, not with regularity, but sometimes when there is a lot of bad news or a lot of good news right before the market open you can pretty much guess which way things will start out. With regard to Friday's open and what I was looking at Thursday night, I happened to write an e-mail to someone at 22:00 Thrursday which let's you in on what I was looking at then, for instance.
<<Thanks for the e-mails. Hope you didn't buy Dell yet- although it seems you won two bucks last Friday. :-) I'm afraid tomorrow morning's going to be ugly, since the Nikkei just hit its yearly low, the Hang Seng is weak again, England raised interest rates contrary to the majority of economists' predictions, and the S&P futures are already down significantly tonight. We also have some important job numbers out tomorrow with the trend ugly, and who knows what the Hell is going on with Iraq. Anyway, the market will be weak in the morning, to say the least.>>
The S&P futures are probably your best indication.
Nothing too scientific or esoteric, you see.
Good investing to ya, Chris,
Anaxagoras |
