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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Patrick Slevin who wrote (8681)11/16/1998 8:50:00 PM
From: SE  Read Replies (1) of 44573
 
I am not sure what to expect tomorrow. Everyone expects a 1/4 point. Somehow to me a 1/4 point cut doesn't equate to increasing profitability, but hey what the heck...who cares....this is the bubble baby.

Personally, I think AG is going to do nothing. He has been concerned about the bubble market for a long time. Now he must see he is perpetuating it. I don't have a good enough grasp on the world situation to fully understand the pressures he is under to cut, but I would think that he will let well enough alone and try to let this thing stablize on its own. If he doesn't cut, I don't think we tank, but I do think we start a slow steady downward trend. 10 to 20 points will come off in a hurry, we bounce to recapture about half of it and that would be the time to short.

FWIW, I have read some other websites where they expect a slow rising bull market for the next five months. They back it up with solid technical analysis.

I posted to GZ, but screwed up by posting to myself and the three blank posts are posts where we straightened that out. I suggested we blank them out so they disappear and don't add more reading than is already here.

Also, I noticed on another website where a trader
pointed out that although Cash was hitting new intraday lows the TICK was not.

You holding out on us? Another futures site where we could glean info from?

What's up with that?

-Scottwhosehometownisnowfamous.....wonderful....
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