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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (27942)9/15/1998 4:55:00 PM
From: yard_man  Read Replies (1) of 94695
 
I won't be convinced by an intraday breach of 1055. To much wrong fundamentally. Greenspan is right -- we are not an "oasis of prosperity."

Look at Brazil's chart:

quote.yahoo.com^BVSP&d=1y

Nobody solved anything today and a rate cut ain't gonna cut it. Problems are spreading world-wide. It's not over, yet, IMO.

Banks and airlines -- dead cat bounces.
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