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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (29254)9/28/1998 5:55:00 PM
From: Lee Lichterman III  Read Replies (2) of 94695
 
Probably left over hedge fund fear etc. PVN had a nice gain and COF was up slightly. However you are correct that it is strange with XAU up nicely that the indexes look like they do. This is not right. Just got a first look at my charts and I see some bearish signs, but as pointed out. I think TA isn't to useful with the Fed meeting tomorrow dictating our move short term. I think I'll just use the charts to pick the best longs and shorts so I'll be ready either way it goes for the day trade.

Lee
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