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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (41094)6/27/1999 5:19:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
The Chicken page was updated.

bway.net

I invite SI participants to submit trading ideas.

I anticipate some kind of rally into the FOMC meeting as a result of the 401K contribution. The strength and broadness of the rally may reveal how much is J6P crazy about the helium filled balloon.

The bonds could rally only after July 2 and market down draft.

BWDIK
Haim



To: William H Huebl who wrote (41094)6/27/1999 11:22:00 PM
From: Berney  Read Replies (1) | Respond to of 94695
 
Bill, In general, you converted me to TA a long time ago!

However, with all due respect to Mr. Murphy, I'm not convinced "it's all in there". We are at an interesting point where most corporations take the position that they cannot comment on their earnings in the thirty day quiet period before their release. The anal-ysts know this, and chose this time period to play their games. They attack with some BS statement knowing that the company won't defend itself. As an example, take a look at the chart of ORCL.

If you or I took a position and then influenced others for our financial gain, the flies would be all over us. Yet, the brokerage houses do it with impunity. I look forward to the day when some smart attorney levels a class action suit against the brokerage houses on this issue. It is obvious that the Pirates (I mean the Regulators) are not going to do anything about it.

Until then, TA is as suspect as FA.

Berney