Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (21666)	7/15/1998 7:16:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

For those believers in trend lines candles and triangles, would suggest to take a look at DJT, reversed at 3600 with an engulfing patern and the DJU broke the lower wedge. If oil and oil will move up it may keep the SPX afloat or higher but the rest of the market will go south. GE is now quite sensitive to the price of oil - financial markets and airplanes engines. Will see who wins - oil or liquidity. More unemployed people do not contribute to the 401K and pension funds. My bet if oil holds, the market tide will reverse next week similar to last year. The T-Bond also does not look encouraging after 0.1% CPI Haim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next