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

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To: donald sew who wrote (21514)4/21/1999 9:05:00 AM
From: Jerry Olson  Read Replies (1) of 44573
 
Morning Donald

the NYSEBP--of P&F just reversed UP last nite...we still can correct some more but all downside selloffs will be muted now imo...

this indicator is saying that 70% of all stocks on the NYSE are on buy signals...

with this event, we can trade the long side with conviction, and hold our winners longer..let them run futher..

this is very bullish news Don...very.....

also i have this feeling that interest rates are moving much lower here...as well GDP will be much lower this Q...all positives for the markets assualt on 11K-12K....
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