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

To: Robert Rose who wrote (28336)10/4/1999 1:27:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 99985
 
RR

i think they'll sell the news no matter what...if it's bad, we tank, if it's good we tank..

worse case for me is no change and a move to tightening bias...very negative..

altho..we might be very near a botom...i'm not sure..all the P&F indicators are at very low levels...



To: Robert Rose who wrote (28336)10/4/1999 1:53:00 PM
From: Casaubon  Respond to of 99985
 
strength in gold can be correlated with weakness in dollar; therefore, a tightening bias has already been adopted, IMO. I think O.J. is correct, the market will find it hard to rally into a weak dollar scenario. Whether or not AG raises this time is not the issue, rather, how many more times will he raise, in the future.


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