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


To: HairBall who wrote (29988)10/15/1999 4:15:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
To All: David Jones on CNN StreetSweep: (He wasn't a sixties monkey...<g>) He is defending AG, just saying Allen baby was just reminding us, that stocks do go down. Cough cough...eerrrr...aahhhh...Heck I thought investing was just a one way elevator ticket up...<gggg>

Have a good weekend everyone...Interstate 35 Road Kill Trading System update this Sunday!

Regards,
LG



To: HairBall who wrote (29988)10/15/1999 4:37:00 PM
From: Paul Moerman  Read Replies (1) | Respond to of 99985
 
What a day/week!

I subscribe to the theory that once today (options expiration) is behind us, the market's focus on next week's CPI and trade numbers will produce plenty enough uncertainty to cause further (and bigger) deterioration Monday and Tuesday - unless Tuesday's CPI figures come in really benign.

Much more damage is ahead IMO - I think another 10% down before year end is in the cards, by which time we finally may have seen enough fear to cause capitulation of the bulls.