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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: steve in socal who wrote (5519)9/1/1998 9:51:00 PM
From: Dataminer1  Read Replies (2) of 18928
 
Hello Tom and All,

I can't resist your little contest, however one could have made a lot of money doing the opposite of what seems obvious to me. If my first thought is "the market will be down tomorrow", you can rest assured a major rally is at hand.
After reading and listening to all the "talking heads" the past 2 days, I am amazed at the abrupt flip-flopping of market sentiment.

Using the theory that September is traditionally the weakest month of the year, I have come up with the following guesses. Please do not construe them as "educated".

DJIA 7592
NAS 1527
S&P 964
30 Yr Yld. 5.21%
Russell 372

I hope I am not right in forecasting "a few more percent on the downside", but I am starting to think that anything is possible.

One of the main things that drew me to AIM was the fact that after years of watching the market obsessively, I still find it difficult to predict short term direction. Thank goodness for the system.

Good luck everyone,
Bill
members.aol.com
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