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

To: Michael Watkins who wrote (49398)5/4/2000 5:28:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 99985
 
<<And 3 billion isn't all the money in the world, but money coming out speaks to more selling....>>

I think Soros said he already raised enough funds/cash for the possible redemption. He would never be that stupid to make his loss public before he raised enough funds.
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From
Message 13522625
>>In addition, Soros says the fund has raised sufficient cash to meet redemptions from investors not wishing to stay with the new Quantum Endowment Fund, which will invest in less speculative equity positions. This may keep other holdings from being dragged down much further by the fund's selling.<<



To: Michael Watkins who wrote (49398)5/4/2000 6:56:00 PM
From: scheherezadesdance  Read Replies (1) | Respond to of 99985
 
Does anyone here follow GE as an indicator for the market?

It does not look good here. It seems if it fails the 150 area we could be headed for trouble.

This is an interesting site that I found.

www.oex.net

P.S. I don't have anything to do with any of the links I have posted. They just seem interesting and someone might find something valuable in them.


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