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

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To: Jerry Olson who wrote (21942)	4/29/1999 12:10:00 PM
From: donald sew	Read Replies (1) of 44573

Jerry, >>>> this rally is far from over...the small & mid caps are moving this market while the big cap techs are resting...think it can't go much higher???, is this the end?, because the laggards are in play???, not a chance... there is only ONE major event that can bring this Raging BULL to it's knees, and that's INTEREST Rates..AG can do it all by himself..and Don he's a non event...we can & will continue higher even with @20.00 Oil..we can and will handle it...it's not inflationary one bit...it's a normal price, and it's good for the entire battered sector... we're doing just great 10,900...heading to ??????? you're guess is as good as mine...i don't guess, i just follow my P&F indicators, they're very very bullish...and so am I....... No Don, we may selloff some what 2-300 points or so, but don't hang your' hat on 1000-2000 points now...maybe down the road...but not now... <<<<< Jerry, as normal you got me cracking up. I think you have been hanging around the horses too much. gggggggggggggg only a joke. You mention that the DOW may sell off 2-300 points. OK, so far the the DOW is about 50 points off its highs and the NAZ is about 650 DOW equivalent points off its recent highs using the ratio of 4.2 to compare the NAZ to the DOW. So if we maintain that type of ratio if the DOW drops 200 points the NAZ will be down 2600 DOW equivalent points. Just pitching the same stuff you are. ggggggggggggggggggggg Seeya, dont take me serious - just playing.

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