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Strategies & Market Trends : LastShadow's Position Trading

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To: Andrew C.R. Biddle who wrote (1045)10/9/1998 8:47:00 AM
From: LastShadow  Read Replies (2) of 43080
 
Market Indication:

Broader market indicated higher. Current level of S&P futures suggests that Dow will climb 90-100 pts at the open (I figure half that number) Most Major overseas markets sharply higher: Hong Kong +7.2%, German +3.2%, France +4.4%, U.K. +1.8%... Lucent CEO on CNBC reaffirming strong growth outlook for company... Long bond trading 29/32 lower; yield 5.06. Dollar continues to retreat against the Yen.

I really need to look into those currency triangles. Not that I want to start trading Botswana Pula Futures, but a stronger Yen in the next couple of months could mean some interesting moves.

lastshadow
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