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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (2585)8/26/1998 3:29:00 PM
From: Leland Charon  Read Replies (3) of 44573
 
Patrick,

There is a fascinating interview on CNBC right now with Stanley Druckenmiller the head of the Quantum Fund. He is actually pretty bullish on the US stock market right now. He says that there is much more of a chance of a "melt up" than a "melt down" in the current market. This could be the reason for the bounce here.

Another interesting side note: Had you invested $100,000 in the Quantum Fund in 1969 that investment would be worth $353,000,000 today. Fascinating.

Leland
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