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Strategies & Market Trends : Waiting for the big Kahuna

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To: Elllk who wrote (22949)8/1/1998 8:38:00 PM
From: Moominoid  Read Replies (1) of 94695
 
Wonderful charts.

Thanks!

I agree with you and Thomas that there is a good chance of one more rally

When I talk about a rally on my site I'm thinking one or two days and then another dip down vs. some people on SI who think Monday will be bad.

I think there has been an intent by Greenspan et al and the forces lining up behind Clinton ....to dampen the tendency
toward an August high .... in hopes of also doing the same with the same for an October low.


Cut interest rates in October while talking about a bias to tightening and a correction now?

My main conundrum is whether to put in an order to short now or wait till after Monday's trade.

David
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