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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (6212)10/12/2000 12:33:54 PM
From: Jdaasoc  Read Replies (1) | Respond to of 30051
 
Bosco:
"Does that mean we are hoisted?"
I haven't heard that expression before. I would use the phrase "hosed". I think the effect of the dependence on foreign reinvestment of our trade imbalance into US market is going in reverse today. I would be very foolhardy to predict where the market will go to any accurate degree.

Strong trin and weak tick in NAZ .73 and -770 tells me is only flowing into large caps and out of rest of crap.

On a totally unrelated note, I think based upon his hawkish talk last night me thinks Bush may want military to take out those bad guys in middle east. I think Henry Kissinger is right now giving him a primer of nuances of US foreign policy in the Middle East.

john