Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 687.86

-0.4%

Dec 29 4:00 PM EST

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To: Dr. Stoxx who wrote (2704)	1/24/1999 3:31:00 PM
From: Dr. Stoxx	Read Replies (2) of 39683

To all: there is serious trouble brewing in overseas markets this markets this week-end. Brazil is looking worse, and there is the potential for a Savings-and-loan-like debacle occuring in China. With this in mind, it may be a good time to look seriously at shorts in the financial/bank sectors. MER, C, AXP, etc. Here is AXP, looking ripe for a drop out of a trading range: timely.com TC.

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