MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

4:00 PM EST

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To: LWolf who wrote (2214)	12/17/1998 6:39:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Wolf, it is a computer scan and I question my program's wisdom <G> to chose oils stocks <GG>. In any case the TRIN moved into overbought territory so prices may soften. In summary I just wonder as to the reasoning of those pushing prices up, aside from the fact that they may be flush with cash and think that the stock market is their new saving account. To date they were right especially those buying AMZN <GG> As they say ignorance is bliss BWDIK Haim In the meantime the Russian are calling back their US Ambassador, who needed this one now, more unrest and anti American sentiment. France can not be happier and use this incident in Iraq to steal more export markets from US manufacturers. So much for this administration long term wisdom. Saddam can be toppled by other smarter means, not raw force by remote control.

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