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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: STEAMROLLER who wrote (229)8/17/1998 9:14:00 AM
From: Terry Whitman   of 1561
 
Not sure what the effect of this will be on trading today- but I would guess it's not going to cause any rallies.

<<08:35 ET: S&P futures are trading 5 points below fair value, indicating another down open...but that is off an earlier low of 10+ points below fair value...Russia devalued their currency, underlining their debt problems...Asia stocks broadly lower with Japan -2.2% and European stocks are lower...lack of good news today. >>

TW
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