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Strategies & Market Trends : S&P Index Futures (Daytrading SP)

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To: ratan lal who wrote (200)2/6/1998 10:03:00 AM
From: Ali Husain  Read Replies (1) of 350
 
I am feeling a way overbought conditions in the market.
The recent run up does not really justify itself. Is this what they call a bull trap.
HK went up over 10% the other day!! Does it mean that all asian problems were solved during the Chineese new year? It makes no sense.
Presidential crises, Iraq tension or re-validation of Asian problems!
Any of these issue are good for two to three hundred points free fall.
I am short on OEX. Let's see what happens.

Ali
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