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


To: Stcgg who wrote (64496)12/17/2000 6:20:19 PM
From: John Rowton  Respond to of 99985
 
I AM POSTING MUCH MORE THAN I AM USED TO.
GIVEN; JUDICIAL SYSTEM IS VERY POLITICAL, ALWAYS HAS BEEN ALWAYS WILL BE.

GIVEN; DUBYA IS MEETING WITH GREENSPAN MONDAY AND THERE IS NO LOVE LOST.

BOTH ARE POLITICIANS; DUBYA DOES NOT WANT A RECESSSION AND GREENSPAN DOES NOT WANT A HUGE TAX CUT.

A DEAL? DOWN THE ROAD. NOT LONG NOW, BUT CERTAINLY WOULD NOT BE SHORT WITH THE PRE-FED MEETING. JUST MY UNEDUCATED OPINION.



To: Stcgg who wrote (64496)12/17/2000 8:59:15 PM
From: JRI  Read Replies (2) | Respond to of 99985
 
St- You said you don't like to chase gaps, and you would like to see it come back (dip), before you buy... what do you consider a "gap"?....any positive opening....or up 30, or up 50, or up 70?

Just curious, because I could see us opening up +50 tomorrow, and I'll be sitting there (should I buy? should I buy?) or wait for a dip (that may not come)..is up 30 too small to be considered your "gap"?

I do hope the market opens red tomorrow (but not significantly)...tia