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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: Lee Lichterman III who wrote (10534)4/11/1999 5:37:00 AM
From: Gersh Avery  Read Replies (2) of 99985
 
See!! That's why the good ol' head and shoulders is now a basing pattern! (What twisted times we live in)

Let's see .. the largest hangout for daytraders on the planet is ______ . And on _______ the majority of people are expecting to throw money at the market on Monday cause there's gonna be a little dip ... Perhaps the dip will last for a few days.

Don't know about you but I'm glad to be 100% cash right now. That way I can buy the dip .. after all, the market only goes up <g>.

I saw you tryin' to push my button before .. yep .. a drop in the dollar.

That means the foreign investor pulls their money out of the US market. Course it's not an on/off switch .. it's a percentage thing. As long as it doesn't snowball.

Let's see .. dropping dollar = inflation (which we all know is forever dead<g>)

A play?? Oil would make sense except that it's had such a nice pop lately .. thinking some sort of commodity. Foods? First thought is to gold, but .. Copper related? The thing to do would be to take a look at what works for inflation hedges. You'd want things with foreign exposure. By foreign exposure I mean like RAM chips .. the chips that would be imported would be more expensive. Therefor local makers (MU) would be able to have more profit (for the time being anyway). Not recommending MU at all .. that's just the basic idea.

** OT **

Told the wife that if she is at work and sees bright flashes of light she is to leave work at once and come home .. I figure that I'm about three hours downwind from Chicago. Three hours of driving time can get me a long distance. Hate spending all that money on canned food.

Drive friendly <g>

Gersh
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