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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.83+0.3%4:00 PM EST

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To: HairBall who wrote (15062)5/27/1999 11:11:00 AM
From: pater tenebrarum  Read Replies (3) of 99985
 
LG, india and pakistan may turn out to be the 'unforseeable event' that trips up the market...the world definitely is in no need of yet another flashpoint. of course, other dangers still lurk in the background. the most important, and recently not much talked about, is japan and it's moribund economy. we have yet to see the nadir in the japan saga imo. a wave of high-profile bankruptcies and a final bear market low in the nikkei (kind of like a blow-off in reverse) are needed to provide a wake-up call in japan. we'll see what happens, but i believe that japan will be back in the headlines before long.

regards,

hb
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