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


To: iod_sherwood who wrote (72148)3/14/2001 2:50:57 PM
From: Crystal ball  Read Replies (2) | Respond to of 99985
 
TOP SECRET: Japanese banks selling US DOW stocks, to buy back falling Nikkei under their Keiretsu loyalty, less selling NASDAQ. Explains market activity today. This too will pass. Luckily they hold more US equities than the US holds Japanese equities and bonds. This also explains why the premarket trading and lowered futures were in place, right after yesterday's rally. Light volume today means our buyers are ready, just waiting for the signal.
I am,
Truly your$,
-Crystal Ball