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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (32233)5/11/2001 2:18:55 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68182
 
Potential buy signal on COMPX negated. It is taking too long to trigger.

Should still be flat, waiting from direction from Fed. Probability suggest the Fed will disappoint the street and we will see a sell off in tech and DOW components.



To: Johnny Canuck who wrote (32233)5/11/2001 5:24:14 PM
From: j g cordes  Respond to of 68182
 
Harry, confusion in bonds in large part due to uptick in inflation indicators in EU the day after they lowered rates.. they waited to cut rates past prime slicing time, now it looks like they don't know what they're doing. Economic ministers in EU are suffering from mad cow disease, and our herd on the street stampeded.

Have a hoofing good weekend.. and remember to cook your beef like Joe McCarthy did, never pink always overdone.