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


To: bearshark who wrote (42189)7/21/1999 7:21:00 AM
From: bearshark  Respond to of 94695
 
Getting ready for Greenspeak. For the last 30 minutes, I have been thinking about tomorrow and the market's reaction to it--which may have already started. What we will hear, in many words, is that the U. S. has a remarkable economy with good and bad points. Sifting through all the Greenspeak to arrive at that realization will require interpretation. Since the Greenspeaker has said the same thing so many times, and he is probably tired of repeating it, we need to dig deeper into the meaning of his words. Before anyone hears a word of the Greenspeech, here my thoughts on two key words.

In some recent Greenspeeches, we heard the word "verity." The reaction to "verity" was bullish. So in Greenspeak, what would be bearish? Maybe "canard." Therefore, I am on a "canard" watch for tomorrow. If there is any sort of Greenspeak mumbling that comes close to sounding like the word "canard", I will go short.



To: bearshark who wrote (42189)7/21/1999 1:31:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 94695
 
bearshark,

Marking time here on the DOW at 10900 on low volume, waiting for greenspan. Thank You for posting your insights. I will print the charts and plot the triangles. It has become increasingly clear that schooled "Intuition" is responsible for most of the successful traders.

My Best,

Chip