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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Kip518 who wrote (23602)8/23/1999 9:32:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
Kip; I have not used Schwab but they have a good reputation , and
I doubt they are ones to just put pressure on margins to squeeze
the mullets. They likely have good reason or word from CreemSpam.
Volume on the whole market has fell off some ( summer time ) &
that could be another reason.
---------
This morning looks like we gap up, & the dollar is helping,
the rate increase is priced in already and we could rally once
it's out of the way if we don't get some other bad news.
I have my doubts we will drive to new highs any time soon, and
look for volatility more than anything else, it's more easy to
get volatility on low volume, but if volume stays low the rally
will peter out.
Jim