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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (3798)6/17/1998 5:28:00 PM
From: R Stevens  Read Replies (1) of 34812
 
Preston,
I appreciate your updates on the foreign markets. I wanted to ask you a question about this. Your posts suggest that if the foreign markets are up, the US markets should go up. And vise versa if the foreign markets are down. Now, who is the chicken and who is the egg? Why don't the foreign markets follow us, rather than us following them? Are not we the biggest chicken in the coop? Couldn't there be a "weezaads sake" in Japan posting to a P&F thread there saying, "Ah so solly, US down big time, get out samurai swords to cut losses" (ie: US was down so we should be down)?

;)Thanks, R Stevens
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