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Strategies & Market Trends : Waiting for the big Kahuna

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To: set who wrote (29488)9/30/1998 11:04:00 AM
From: James F. Hopkins  Read Replies (4) of 94695
 
Set; Better look at the Volume vs Price, as a rising price with
falling volume does not indicate a technical breakout.
I'm telling you with every thing going to hell in a hand basket
the worse thing that can happen is a rise in oil prices.
I have been hoping for a small cap run before this thing melts
down, but we may not get it.
Any rally now with out some basic changes is going to trap
a lot of people, the SEC and FTC need to step up to the plate
and take strong action, but they wont.
We never improve things until after the fact, in fact we seldom
even look at them till it blows up in our face.
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Why any one was even in doubt of the rate cut is a mystery to me,
If you chart currencies you will see it was a done deal among
the banking insiders long before it happened.
BTW the price of imports is about to sky rocket, the dollar is
under attack ,& Europe has decided it's Americas turn in the barrel.
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The dollar has lost about 5% of it's value just recently and
could go into a free fall, the money lent out will now be paid
back with cheaper dollars, the money we owe will cost more
to pay off. The so called budget surplus will likely get spent,
only to find out it was just a hot air surplus, that has
for all practical purposes already diminished.
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Get ready to make less, and pay more for what you get,
The republicans are back in charge.
Jim
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