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

To: scotty who wrote (30019)	10/15/1999 6:03:00 PM
From: John Carson	Respond to of 99985

On Tuesday CPI will be up 1.0% for the month. Market will hit 9000 by end of the week. Greenspan may even step in at some point during the week and hike rates by 0.5%. He does that and the bull market is intact. He waits until 11/16 the bulls are in trouble, especially with Y2K right around the corner. BWDIK.

To: scotty who wrote (30019)	10/15/1999 6:04:00 PM
From: pater tenebrarum	Respond to of 99985

Scotty, as i have said before, a VIX close above 30 looks like a significant development chart-wise. i'd have liked it to be a bit more decisive, say at 33 or 35, but still, it always reversed from 30 intra-day in recent months and today it didn't. i'm not so sure about a 'black Monday'...it seems a bit too easy. unexpected events are unforeseeable and therefore should play no role in one's calculations...however, i also look at possible left-of-fielders from time to time, especially if the charts cry out for some sort of news event...<gg> i wonder though if WS could possibly be bothered by India...does it know where India is on the map?<gg> regards, hb