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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (44236)6/19/2001 2:53:24 AM
From: Canuck Dave  Read Replies (1) | Respond to of 56535
 
I don't read a lot into futures at this point in the day, particularly mid-week.

Pre-open announcements are usually Tuesday to Thursday, which can cause all bets made the previous night to come up snake eyes.

What I am watching for are US unemployment numbers and their cascade effects. Less jobs, less consumer spending, more liquidation of stock assets to pay down debt, weaker home sales, real estate crash, mortgage failures and away goes the US Dollar.

Could happen. The stock market isn't the only bubble.

CD



To: LTK007 who wrote (44236)6/19/2001 8:26:26 AM
From: ajtj99  Read Replies (2) | Respond to of 56535
 
Max, with the bubble reinflating Ellison will seem like a prophet when his stock doubles over the next 6-months.


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