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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Beachside Bill who wrote (14336)5/18/1998 10:26:00 PM
From: Nemer  Read Replies (1) of 53068
 
Beachman:

You've been doing such a good job pickin .....
that all I've been doing on the Z has been grinnin....
it's good to see you posting on a regular basis here and I've been watching and learning, as always, from all the posters here, talented folks , one and all.

Yesterday evening I had fond thoughts of several of the Z ers.....

TexTech was well ahead of the TAMU ers
(rig 'em aggies....errrrr that's gig 'em aggies.......)
in the 5th inning by a score of 12 to 6 during the Big 12 baseball tournament finals and I thought to myself ---
-- betcha Dan and Tina have turned this game off-
-- and Bill didn't even turn it on.......VBZGGG.....

If you've not been keeping up with it,
OU has a pretty good team
OSU is on the bubble for regionals
I hope the Mizzou Tigers get into the regionals......
TAMU and TT cinched invitations
UT is gone byebye til next year, if then.
The longhorns miss Cliff badly ..... could be ya'll need to get shed of DeLoss before he runs off every decent coach at the school......

-----> NEMER!!!...Great to see you off those option threads for a bit. Come around more often.
Does Red Dog think were in for a overall market down week? I think so. I do reserve the right to change my mind tomorrow though.


now , back to our regular programming ----

forecast as per your request -----
the FOMC will be the main determinant for tomorrow and depending upon the action there, which will tell the tale right before bond close --- maybe the rest of the quarter........

1 ---- if no increase of any kind ---- market down some tomorrow
2 ---- if increase of margin rates ---- market down for 2 months
3 ---- if increase of overnight rates --- market down for month
4 --- if increase of mar/ovnite --- market down big for quarter

number 1 is most probable ---
if that happens
Wed/Thur will make and mark the market low for the next month to 2 months...... the bull will run the DOW to close to 9500 - 9600

if either of the next 2 transpire --
DOW will retreat to perhaps as low as 8750

if 4 happens ----
whoops ------ buy puts, sell calls, short the market and make lots and lots of money.........

my Doggie forecast can't see beyond that horizon cause the smoke and haze from Mexico and South America has affected his vision and breathing system.......

will be glad when the trade winds send some of this stuff north of the Red River so we can share with our non Dixie friends.............

Regards ---Nemer
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