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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1697)1/18/1998 8:04:00 PM
From: Instock  Read Replies (1) of 2377
 
Sergio: Doug told me the samething the other night. If true, put that short selling trading hat on!!
I do not see the slump being as large as doug does, but he is the TA man, not I. I almost have the felling that the market has been blowing off steam in the past few weeks to help leason a BIG Dump. Like an earthquake, small ones are good because they lesson the chances for a REALLY BIG ONE. Either way the market wants to go, and do not want to fight the market direction.
More correction to the downside means we get back to the Bull rally sooner then later.

I would keep a close eye on what goes on in Asia. That is still number one key, as the economic data from the US is mostly all good.
If i was to bet one way or another, i would vote that Asia problems are settled with lots of bumps along the road. But settled
The cost to the rest of the world is to great to let asia really roll over dead.

Scott
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