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


To: GROUND ZERO™ who wrote (46390)3/23/2000 11:48:00 PM
From: Gersh Avery  Read Replies (3) | Respond to of 94695
 
Umm .. prolly not without a pull back first..

I thought I saw a lot of money skipping town today ..

Heading toward Europe and Japan ..

Then the bond went through the roof ..

So .. money was being pulled out to head over there and money being pulled out toward bonds ..

I kept trying to short .. the market was already tight on cash .. only thing that I can figure is that today was a major distribution day.

There is a possibility of a major, major down day tomorrow.

To fit the flow of cash that I was watching it would be possible .. note::possible .. for a 1000 DJIA point down day.

Carefull out there ..