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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Paul Berliner who wrote (1405)3/16/1999 10:57:00 AM
From: Zardoz  Read Replies (1) of 3536
 
Earnings, in a stable interest rate enviroment, causing a DOW style correction, no runnup in bond prices, as the FED will lower M2. He know doubt would believe this would increase USD, relative others. And thus GOLD & silver lower {he states lower prices should occur}

Think the last comment:'Only if the market is making new highs into April can we avoid collapse.' suggest that if bond yields fall, then the markets can grow again.

But I'm not Armstrong, but that's the only situation I see that fits. And it's the reason I stated for a correction in April back in Janarary {posted on SI} I said the DOW would reach a max around 10,200 (+/- 100) followed by a 35-65% correction

As always: My opinions
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