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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (33471)9/10/1999 1:49:00 PM
From: donald sew  Read Replies (3) | Respond to of 44573
 
Hey tough-guy Jerry, ggggggggg

The NARROW market, repeat NARROW, does want to go up. I checked with AMG DATA, and although the inflows were about normal they did mention that the strong majority of the money was directed to the BIG CAPs.

On the other hand the market internals stink, the fundamentals are not great either with the CRB and US DOLLAR in worrisome territory. And as the BULLs stated previously when they CUT the rates last year, DON'T FIGHT the FEDs, which now is working in reverse. So will the BULLs continue to fight the FEDs. Wonder who will win, the BULLs or the FEDs. I put my side bet of a dinner on the BULLs, since the FEDs DONT MEAN ANYTHING.

Im still with my stupid RANGE TRADING and will keep my plays small in both direction, until I see some better signs of direction.

seeya



To: Jerry Olson who wrote (33471)9/14/1999 3:41:00 PM
From: Cynic 2005  Respond to of 44573
 
<<what's YOUR take on the markets now<G>..>>

If BKX and BIX close below 755 and 590, consider that a warning shot by Mama Bear at the bull-herd.

Also consider the SOX blast of +5% for the day as THE BLOW OFF TOP signal for the entire market.

OJ, the game is over. Bears lost a lot of battles but mama bear is going to win the war for all the cubs she lost. -g-