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

To: KM who wrote (32205)11/4/1999 9:05:00 AM
From: James F. Hopkins  Respond to of 99985
 
KM; Some one took him to heart, the Futures are way up, I'v been
saying the market is on a roll, ( sure it's over bought ) but it
gets "way" over bought at times, just like it gets way oversold.
Shorting right now is like getting in front of a runaway train,
The Dollar is up off it's bottom and climbing and the Cartel
won't sell off bonds/stocks with the dollar climbing, they will wait
till they think, see or get ready to make it fall.
But as for John Berry's track record or him even knowing what
he is talking about I have doubts, still he said what the market
wanted to hear so that makes him popular, I wonder if he will be
around to tell us ahead of time when they "will" raise rates.
Jim



To: KM who wrote (32205)11/5/1999 9:20:00 AM
From: James F. Hopkins  Respond to of 99985
 
KM; Do You See the Futures this Morning !! , They are killing the bears , baiting them in and then setting up these gap ups.
Why heck one could think the Fed just announced they were going to
drop rates.
Off to the races again.
Jim


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