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

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To: Patrick Slevin who wrote (9044)11/27/1998 9:28:00 AM
From: GROUND ZERO™  Read Replies (1) of 44573
 
Pat,

A combination of turkey talk and a two day correction in a very strong market, lower rates, and continued pressure on energy and other commodity prices.

The equities look to me like we may see additional fireworks, panic buying. All the mutual fund investors who sold out in the selloff 2,000 points lower haven't bought back into the markets yet. There are now about $150 billion sitting and waiting in money markets earning very little while the markets are about to run away from them.

GZ
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