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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: johnsto1 who wrote (31680)8/10/2000 9:00:54 AM
From: carepedeum2000  Read Replies (3) | Respond to of 57584
 
market watch for today-- after watching the futures start strong and then just slowly trickle down, i am looking for
a slow start, a break to the down side, and then maybe a rally in the last hour and a 1/2 in front of market friendly ppi numbers and retail sales report, that would probably give us a headfake rally, setting us up for a down week next week in front of fomc meeting, with a fomc rally starting again on the following monday, i would expect a retest on the naz to at least 3600 area if not lower which would put us in a decent area for a nice fomc pop, that is farther out than i longer go, but the fomc is somewhat predictable, i will probably try to sell my oex puts at around 100 points down
disclaimer- this is just a best "guess" scenario, i have been wrong before