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


To: bobby beara who wrote (27756)9/28/1999 8:22:00 PM
From: pater tenebrarum  Respond to of 99985
 
Bobby, i agree that a really bad hair day for the market will come from oversold levels and i also agree on your gold carry trade remark...in fact i bet that some hedge funds that were burned in the Yen carry trade already were burned even more these past few days.
whether that will lead to redemptions and/or some forced selling remains to be seen.

regards and good night,

hb