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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (6564)	10/16/1998 9:36:00 AM
From: coug	Read Replies (1) of 44573

Good morning Scott, I'm inclined to agree with you.. about the conditions of the market... My beta interpretation never went negative as I posted yesterday.. and my other stuff was long by about 9:30 pdt but I thought it was late in the move and waiting to short it. it was starting to roll over.. but fortunately never did.. He, they, whoever was waiting for a up market to blindside us. so they couldn't be accused of "catching" "saving the market.. I don't think they have the cajones to do it again.. they played their last best trump card.. But to do it blindly, unexpectedly after only 10 days, twos weeks after meeting is pure BS when they have a track record of only cutting on scheduled meetings... In the long run it will hurt the markets.. Hell Japan lowered all the way zero as their markets went the same way.. Good luck today... the Coug.. BTW, with this action, indicators are up but weak.. Negative divergence???

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