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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (44801)11/28/1999 4:58:00 AM
From: GROUND ZERO™  Read Replies (3) | Respond to of 94695
 
Well, I am slow.. but, I believe I'm trainable.....<g> the process is so slow, with such glacial slowness, that we don't notice any change on a day to day basis... we have to reassess over several time lapse photos... but, I believe the commodity markets are the key... I've seen livestock prices (food costs) rally and change from a bear rally to a bull trend over time... copper and lumber (building materials) have also turned up... I expect to see the grain markets (food and livestock feed) also begin a bull trend soon enough... and the left hook is when I see the bond market break support and the advance/decline line continues to deteriorate... I get the impression that the equities are just hanging in thin air with nothing but smoke and mirrors to hold them up... j6p cannot support these markets... the knock out punch will come when Greenspan raises rates again early next year and reinstates the bias to tighten.....BWDIK

GZ