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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: CHIPNHOLE who wrote (88)9/9/1998 11:44:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 939
 
>This has been a very interesting market in the last couple of months.

I would like your opinion on what you expect will happen tomorrow and in the next couple of weeks.<

I believe we can expect quite a bit of volatility for the next few weeks with a general uptrend. Tomorrow I think we might just see a little more selling before we resume climbing later in the week. Alan Greenspan is going to have to clearly spell out a rate cut of perhaps as much as 1/2 a point. I think he is going to be forced to do that by at least one more big day of panic selling.

So what about tomorrow? I'm taking a lot of my cues from the action in the Asian markets which are not that strong at this point tonight:

quote.yahoo.com

biz.yahoo.com

InvestRight

Regards, Jeff
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