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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (31727)6/6/2000 11:54:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
GZ..it would not surprise me if we only went down to maybe 1457???

but Carpino always has 2-3 number if this or if that..his point to me was..if we do not hit 1447...then this next move up will be tremendous...and even if we do???, we are going much higher here..

the onus off the FED is moving lower each and every day...

and as far as the DJBB, we are all here to help each other make money..in a trading environment that is tenuous at best..just reporting what i think is a valuable piece of the puzzle...

so while i always read you, as well as others..it lending a helping hand to all...

best Jer



To: GROUND ZERO™ who wrote (31727)6/6/2000 12:08:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 50167
 
GZ:

OJ didn't mention two points on the PnF bond indicator. It gave a similar low pole warning signal this February so it is not always accurate but since 1992 the indicator has been good 10 out of 12 times. It has been on a sell signal since FEB of 1999.

I'm not sure if this was posted here but since 1990 when the FED has raised by 50 basis points it has held off at the next meeting.

We can discuss all we want about how suspect the employment #'s are and allthought the PPI & CPI can still surprise to the upside I can see the FED holding off in June. Maybe the markets are waiting for the PPI on Friday for the all clear?

the-privateer.com