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To: pater tenebrarum who wrote (17680)9/12/2000 3:08:04 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
capital flows.... when the euro reverses, europeans will liquidate US stocks and inflation will then be a BIG problem for the US going forward due to her currency having topped and the inability to export her inflation any longer, which means higher int rates.

- yes, i recall the yen.... euro may have bottomed today since so many expect a meltdown in it...



To: pater tenebrarum who wrote (17680)9/12/2000 3:10:08 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
it is early to say yet, but this was just a beautiful bull-trap today. I try everyday to be disciplined enough to stay with the wider timeframes but am not as disciplined as you for instance. I still find it hard. Anyway, at this point I should just book this short (about 70 points) and take the rest of the week off, but this could get more interesting. -g

When OEX and NYA folded I expected e p/c to jump. Nope! I swear my datafeed must be hosed.

I was going to describe a few interesting situations, but it isn't worth it. Everything is sucking for now. -g We might touch the lower line of the NDX wedge today. Shhhhh....