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Politics : Idea Of The Day

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To: FJV who wrote (19443)8/21/1998 1:58:00 PM
From: J. P.  Read Replies (2) of 50167
 
I'm dissapointed not to hear Iqbal's take on the events of the last couple of days. I just found this thread a few days ago, and now
IQbal has seemed to have left....

FWIW,

I think it's cathartic to get this retest of the 200 DMA.
Even thought I'm long the market and mid term bullish,
I feel this retest will remove even more weak hands.
I also think that if you dissect the 'events' i.e. Clinton, Russia, retaliation strike, and take them one by one, there is really not much there of lasting substance.

In my opinion this is good and healthy, and will clear the way
for another bullish move from a very robust and healthy economy
and U.S. market.
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