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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Bosco who wrote (2337)11/20/1997 6:36:00 PM
From: Crossy  Read Replies (1) of 37387
 
Bosco,
well, you know, my TA reading is not STOP but neutral to positive. Volume explosion is always a good sign. Just know the risks.

BTW, Uncle AL is doing it again. He boldly goes where noone had gone before (no politician dared I mean). This time he is demanding a fix on social security: biz.yahoo.com

This is very interesting. If ANY scheme that adjusts the current systems' liability in a favourable way should be implemented, this could boost the market skyhigh. There are not many weaknesses left in the economy besides: SocSec, Medicare & Medicaid. The last two were tampered with and thus improved. SocSec no plitician dared to touch. But Uncle Al is demanding a fix. So they could blame him and go straightforwad. Ahh - that looks good...

best wishes
CROSSY
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